Lubane Savings & Credit Co-Operative Society Members at a meeting.

Affiliates

• Members: Ownership of the SACCO and control through saving and using credit facilities as well as through the AGM.
• Ministry of Finance: Regulation of the industry through legislation and accompanying regulations.
• Banks: Sometimes competitors, but aslo providing banking facilities (and extra resources) required by the SACCO and its members.
• Lawyers: Providing legal services to the SACCO. They need to understand how SACCOs operate (principles and legislation) to be relevant .
• Auditors: Providing auditing services as provided for in the Co-operatives Act 2003, and the FSRA.
• SASCCO: Have an oversight and leadership role to SACCOs operating in Swaziland.
• Suppliers: Providing products and services required by the SACCO in order to perform its duties the best way possible.
• Other SACCOs: They determine the size and vibrancy of the industry (setting the tone) through increased liquidity of members and competition to other SACCOs which normally result in improved service felivery overall.
• Staff Members: Vital for execution of the SACCOs strategies and daily operations in a cost-effective and efficient manner.
• Management Committee: Providing cutting edge oversight for super-performance and competitiveness of the society.
• Employers: Employers provide a pool from which Lubane can draw members and also assist in ensuring that Lubane is able to deduct from funds from employees from source.