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What is Sibonelo Savings and Credit Co-Operative Society Ltd.?

Sibonelo is a member – owned savings and credit co-operative society for the people employed in any Government Ministry, Agricultural parastatals, Co-operative movement employees and their spouses. The bond is now open to Private sector upon arrangement. Sibonelo SACCO was established to enable members to save and borrow money at competitive interest rates for provident and productive purposes.  Sibonelo was established in 1984 with an initial membership of 20.
Evergrowing Membership
Designed With You In Mind
Professional Team
Result Based Memberships
About Sibonelo Savings & Credit Co-Operative Society
Cut The Chain Of Poverty

Our Objectives

To encourage among its members the spirit and practice of thrift, mutual help and self in accordance with co-operative principles.
To enhance the mobilization of personal savings to increase domestic capital formation.
To facilitate the creation of funds to be loaned to members for productive and provident purposes at low interest rates.
To meet the members needs by offering a variety of financial services.
To develop and maintain within the membership and the public a climate for promoting savings and credit societies as tools for personal, family and community economic growth.
To provide Loan Protection Insurance Services for their members.

EXECUTIVE COMMITTEE

Sifiso Mhlongo

Sifiso Mhlongo

Chairman

Thembi Xulu

Thembi Xulu

Vice Chairlady

Charles Khumalo

Charles Khumalo

Secretary

Thobile Zulu

Thobile Zulu

Treasury

EDUCATION COMMITTEE

Sipho Tfwala

Sipho Tfwala

Education Committee Chairman

Phindile Dlamini

Phindile Dlamini

Member

Nokuthula Dlamini-Stuart

Nokuthula Dlamini-Stuart

Member

CREDIT COMMITTEE

Grace Dludlu

Grace Dludlu

Credit Committee Charlady

Aaron Dlamini

Aaron Dlamini

Member

Janet Mnguni

Janet Mnguni

Member

SUPERVISORY COMMITTEE

Bongani Maziya

Bongani Maziya

Supervisory Committee Chairman

Sabelo Shabangu

Sabelo Shabangu

Member

Queeneth Shiba

Queeneth Shiba

Member

MEET THE TEAM

Sikhumbuzo Zondo

Sikhumbuzo Zondo

Manager

Nomcebo Khumalo

Nomcebo Khumalo

Finance & Admin Officer

Nelisiwe Zwane

Nelisiwe Zwane

Credit Supervisor

Thandi Mwasie

Thandi Mwasie

Accounts Officer (general)

Zinhle Shongwe

Zinhle Shongwe

Administration Assistant

Mxolisi Dlamini

Mxolisi Dlamini

Accounts Officer (Debtors)

Zodwa Mabundza

Zodwa Mabundza

Accounts Officer (Debtors)

Futhi Maseko

Futhi Maseko

Credit Officer

Lindeka Nene

Lindeka Nene

Credit Officer

Lungile Dlamini

Lungile Dlamini

Receptionist

Sibongile Mkhonta

Sibongile Mkhonta

General Assistant

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