Barwaaqo Savings and Credit Cooperative Society Limited is a pioneering financial institution in Somaliland, established as the first Sharia-compliant, member-owned cooperative aimed at promoting social inclusion for low-income individuals.

Vission Where people with low income in Somaliland can access financial services that best suits their situation

Mission Barwaaqo SACCO will purposes to provide accessible, affordable and quality sharia compliant savings and credit products.

 

 

 

Voluntary and Open Membership
Voluntary and Open Membership

Barwaaqo SACCO operates on the principle of voluntary and open membership, allowing individuals to join without discrimination. This inclusivity ensures that everyone, regardless of their background, can access the cooperative's services.

Prudential Management
Prudential Management

The SACCO is governed by a Board of Directors that ensures effective oversight and management. This principle emphasizes responsible governance, with the Board collaborating with the Council of Patrons to maintain the integrity and sustainability of the cooperative.

Economic Participation by Members
Economic Participation by Members

Members are encouraged to contribute equitably to the capital of Barwaaqo SACCO. This principle ensures that members share in the results of the SACCO's operations, fostering a sense of ownership and investment in the cooperative’s success.