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Ishema SACCO Nyamagabe

Verified information about the SACCO's formation, service area and supervision.

How Ishema SACCO was established

Ishema SACCO Nyamagabe did not begin as one new local office. It was created by consolidating the 17 Umurenge SACCO cooperatives serving every sector of Nyamagabe, together with CT Nyamagabe—18 institutions in total. The timeline below is based on RCA, Nyamagabe District and BNR records.

2008

Rwanda began the Umurenge SACCO programme to bring formal financial services closer to citizens, especially rural communities.

RCA
2011–2013

The 17 cooperatives serving Nyamagabe's sectors received legal personality on different dates. Their RCA-recorded names and registration dates appear on the Branches page.

RCA register
25/04/2025

RCA led the founding General Assembly of Ishema SACCO Nyamagabe, consolidating the 17 sector SACCOs and CT Nyamagabe into one cooperative.

RCA
08/05/2025

RCA announced that Ishema SACCO Nyamagabe received legal personality.

RCA
30/06/2025

Nyamagabe District officially opened Ishema SACCO Nyamagabe's operations and reported that it brought together 18 institutions.

Nyamagabe District
Today

BNR lists Ishema SACCO Nyamagabe as a supervised deposit-taking microfinance cooperative.

BNR

One cooperative, 18 institutions consolidated

Every sector in Nyamagabe District had an Umurenge SACCO. Those 17 cooperatives and CT Nyamagabe combined to form Ishema SACCO Nyamagabe.

17

Sectors

18

Institutions merged

View sectors on the District website
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Community impact

On 29 August 2026, Nyamagabe District reported that Ishema SACCO contributed RWF 2,000,000 toward community health insurance for vulnerable residents.

Nyamagabe District