About
ELCT ND SACCOS was established in 1994 and was
officially registered on 27/07/1995 with registration number KLR/483 and
was named ELCT-ND Saving and Credit Society under Cooperative Society
Act number 15 of 1991.
Registration
process was successfully accomplished under the leadership of the then
ELCT-ND Bishop, Dr. Erasto Kweka and the then ELCT-ND Treasurer, Mr.
William Moshi in collaboration with advisory panel from University of
Dar es Salaam, Mr. Ibrahim Kaduma and Mr. Clement Kwayu of BUMACO.
By complying
with Microfiance Act number 10 of 2018 and its Regulations for SACCOS
business of 2019, ELCT ND SACCOS is licensed by Bank Of Tanzania (BOT)
through Tanzania Cooperative Development Commission (TCDC) to conduct
microfinance business as Category B SACCOS with license number
MSP3/TCDC/2021/00157.