SUCOMA SACCO

Login to Finfinancials
Become a Member

About SUCOMA SACCO

A member-owned financial cooperative rooted in Nchalo, serving members since 1995 and growing into one of the region's most trusted cooperatives.

Become a Member
Meet Our Team

9,807

Members and counting

MWK 4.6B

Total assets, 2025

MUSCCO Affiliated
Member of the Malawi Union of Savings and Credit Cooperatives.
Registered Cooperative
Registered under the Cooperative Societies Act (1998).
Licensed Institution
Licensed under the Financial Cooperatives Act (2011).

Who We Are

SUCOMA SACCO is a member-owned financial cooperative. Every member is a shareholder, and the cooperative exists to serve members first, not outside investors. We are proudly affiliated with the Malawi Union of Savings and Credit Cooperatives (MUSCCO), registered under the Cooperative Societies Act (1998) and licensed under the Financial Cooperatives Act (2011).

Our head office sits at Nchalo, within the Illovo Sugar Estate, with branches serving members in Blantyre, Chikwawa, Mzuzu, Zomba and Nsanje. Guided by cooperative principles: member ownership, democratic control and shared prosperity. We exist so that when the cooperative grows, its members grow with it.

Find a Branch
Rooted in Nchalo
Home to SUCOMA SACCO's head office, within the Illovo Sugar Estate.

SUCOMA SACCO by the Numbers

Verified performance for the 2025 financial year.

Active Members

MWK 4.6B

Total Assets

MWK 468.7M

2025 Net Surplus

Liquidity Ratio

Vision, Mission & Focus

Our Vision
To be a member-centric and leading financial cooperative.
Our Mission
Delivering the best financial services, member satisfaction and shareholder returns, with sound risk and environmental management.
Strategic Focus
Our strategic focus for 2025–2029 is Members First: putting member needs at the centre of every decision.

Why Join SUCOMA SACCO

Our vision, achieve your dreams, is at the heart of why members choose to save, borrow and grow with us.

Ownership
As a member, you're an owner, not just a customer.
Accessibility
Financial solutions designed to be within reach for members.
Reliability
A cooperative built on sound governance and steady growth.
Shared Success
When the cooperative grows, its members grow with it.
Integrity
Cooperative principles and honest dealing guide everything we do.

Governed for the Long Term

SUCOMA SACCO is guided by an elected Board and an experienced management team, upholding sound governance, prudent risk management and accountability to every member-owner.

Meet Our Team

Own Your Financial Future

Join 9,807 members who are building a stronger cooperative together.

Become a Member

Share with