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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

Charles Khumalo

Charles Khumalo

Vice Chairperson

THEMBI XULU

THEMBI XULU

Secretary

Thobile Zulu

Thobile Zulu

Treasurer

EDUCATION COMMITTEE

Sipho Tfwala

Sipho Tfwala

Education Committee Chairman

Phindile Dlamini

Phindile Dlamini

Secretary

Peggy Mdluli-Dlamini

Peggy Mdluli-Dlamini

Member

CREDIT COMMITTEE

Khanyisile Ginindza

Khanyisile Ginindza

Chairperson

Fakazi Mngometulu

Fakazi Mngometulu

Secretary

Absalom Dlamini

Absalom Dlamini

Member

SUPERVISORY COMMITTEE

NOKUTHULA DLAMINI-STEWART

NOKUTHULA DLAMINI-STEWART

Chairperson

Menzi Dlamini

Menzi Dlamini

Secretary

Friday Mhlanga

Friday Mhlanga

Member

MEET THE TEAM

Sikhumbuzo Zondo

Sikhumbuzo Zondo

Manager

Nomcebo Khumalo

Nomcebo Khumalo

Finance & Admin Officer

Nelisiwe Ncube

Nelisiwe Ncube

Credit Supervisor

Thandi Mwasie

Thandi Mwasie

Accounts Officer (general)

Zinhle Shongwe

Zinhle Shongwe

Administration Assistant

Futhi Maseko

Futhi Maseko

Accounts Officer (Debtors Clerk)

Zodwa Mabundza

Zodwa Mabundza

Accounts Officer (Debtors Clerk)

Thula Mazibuko

Thula Mazibuko

Credit Officer

Lindeka Nene

Lindeka Nene

Credit Officer

Lungile Dlamini

Lungile Dlamini

Receptionist

Sibongile Mkhonta

Sibongile Mkhonta

General Assistant

Become A Member Today

And Cut The Chain Of Poverty
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