Akiba Ledger, the SACCO app · in development
For SACCOs and savings groups in Uganda. Every member’s shares, savings and loans on real double-entry books, a receipt for every shilling, and a second officer on every shilling that goes out. On the phone at the meeting and on the web at the office, even with no network.
Akiba Ledger is being built in stages on the same servers, sign-in and phone app engine as the rest of the Budget Pro family. This is the scope of its first release.
Applications, member numbers, the NIN stored encrypted, next of kin and consent, and a spreadsheet import with opening balances.
Shares that are permanent capital, compulsory and voluntary savings, fixed deposits, and withdrawals with a second officer.
Reducing balance, guarantors who agree in writing, the committee, cooling-off, the schedule, arrears and provisions.
A ledger that always balances, monthly periods, reversals instead of edits, and a check every night.
The officer who enters money going out never approves it. Roles, approval limits and an audit trail.
Statements, PAR, the regulator’s monthly and quarterly forms, year-end, dividends and the AGM pack.
Cash at the counter, MTN MoMo and Airtel Money, payroll check-off and the bank, with a receipt for each.
One app with two modes, chosen at setup: office mode for registered SACCOs, group mode for savings groups.
Teachers, health workers, local government and other staff, saving and repaying through the payroll.
Parish, market, trade and boda-boda SACCOs, serving members over the counter and by mobile money.
Emyooga and Parish Development Model SACCOs lending to associations, enterprise groups and households.
Village savings and loan associations, church, women’s and youth groups that meet weekly with a lockbox.
A SACCO holds its members’ savings. These are the rules Akiba Ledger is designed around, so the books stay right and the members can check them.
Every amount is a journal whose debits equal its credits, in whole shillings, with one rounding rule. Posted rows are never edited, only reversed.
Withdrawals, loan payouts and reversals wait for a second officer. The one who entered it cannot approve it.
By SMS within the plan’s allowance, in the member’s app, or shared on WhatsApp in one tap, as the 2024 rules ask.
The NIN is stored encrypted and never appears in logs, exports or on officers’ phones. An ID is never taken as security.
A savings group of up to 30 members uses Akiba Ledger free. A SACCO pays by its size, with no setup fee, and a year costs ten months.
UGX 0 a month
For as long as you like
For savings groups of up to 30 members: the group books, with receipts shared on WhatsApp.
UGX 50,000 a month
Or UGX 500,000 a year · US$14 by card
Office mode for a young SACCO: members, shares, savings, SMS receipts and the member app.
About UGX 333 a member a month, at the full 150
UGX 100,000 a month
Or UGX 1,000,000 a year · US$27 by card
Adds mobile-money collections and payroll check-off.
About UGX 167 a member a month, at the full 600
UGX 250,000 a month
Or UGX 2,500,000 a year · US$68 by card
Adds the regulator's returns and mobile-money payouts, for licensed SACCOs.
About UGX 100 a member a month, at the full 2,500
UGX 600,000 a month
Or UGX 6,000,000 a year · US$162 by card
Everything, with no member, user or phone limit.
Priced per SACCO, with no setup fee. A year costs ten months, and a new SACCO starts on a 30-day trial of Standard. Mobile money charges pass through at cost. Akiba Ledger has its own plans: they do not cover the shop, farm and event apps, and those apps' plans do not cover a SACCO.
The full list is on the questions page. Something else? Ask a person.
It is being built, in stages, on the same accounts, servers and phone app engine as the other Budget Pro apps. Everything on this site is the scope of the first release. Register your SACCO or talk to us to be among the first to use it.
That is how it is designed. For a SACCO, loans are on the reducing balance only, with the rate shown per year and the total cost of credit, a penalty of at most half the monthly rate on overdue principal, a five-working-day cooling-off period, no early-settlement fee and written guarantor consent (the Lending Conditions Regulations, SI 108 of 2024).
No. Akiba Ledger is software: it is not licensed or approved by UMRA or any other regulator, and it never says it is. A licensed SACCO prints its own licence number on its receipts and returns.
It prepares the monthly and quarterly forms from your books, in the regulator’s layout, as Excel and PDF, for you to check and file. Filing straight to the regulator’s portal is not in the first release.
Cash receipts, new members, loan applications and meeting records are saved on the phone and sent when the network returns, and each one is counted once. Money going out (withdrawals, payouts and approvals) waits for a connection and a second officer.
Register your SACCO or savings group, or ask us about the first release.
Questions first? WhatsApp us on +256 783 204 665 (Monday to Saturday, 8:00 to 20:00).