Savings
The front door of HMC. Save a minimum of UGX 100,000 monthly and earn interest credited after the Annual General Meeting.
How the savings pathway works
What the pathway asks of you each month, and how your interest is worked out and paid.
- Save a minimum of UGX 100,000 each month, consistently.
- All savings are recorded on your account in Cinnamon, the HMC financial management system.
- Interest on savings is announced at the Annual General Meeting each March and uploaded to member accounts within two weeks.
- Interest is calculated on your transactions as at 31st December of the previous year.
- Three months of consistent saving makes you eligible to apply for a loan of up to 3× your savings.
Where to send your savings
- Stanbic Bank
- 9030019149799Lugogo branch
- DFCU Bank
- 01363678850784Kyadondo Road
- MTN Mobile Money
- 0778103079Direct transfer
- MTN MoMo Pay
- 151210Has 0.5% charges
- Airtel Pay
- 1192204Direct transfer
- FlexiPay
- 244246Dial *291# → Pay Merchant
Account name for all transfers
Harvest Ministries (Naalya) Multipurpose Cooperative Society
Always include a narration
Format: HM[HMC Number] [Name] [Amount] shares/savings, for example “HM1234 Showanda 50K shares”. The paying phone number must be registered in the member’s own name.
Payment instructions
Getting the narration right is what allows the team to post your money to the correct account.
- The phone number used must be registered in the member's own name.
- Include a clear narration in the format: HM[HMC Number] [Name] [Amount] savings.
- Example: HM1234 Showanda 50K savings.
- Share the receipt or proof of payment in the HMC Network WhatsApp group.
- MTN MoMo Pay (151210) carries a 0.5% charge.
Withdrawal terms
Requesting a withdrawal
Send an email to harvestmpco@gmail.com containing all of the following. Incomplete requests cannot be processed.
- 01Your HMC member number
- 02Reason for the withdrawal
- 03Amount being withdrawn
- 04Bank account detailsThe account must be in the member's own name only.
- 05Both sides of your National IDAttach clear copies of the front and the back.
Joint accounts
For a joint account, CC the other signatory on the same email, attach both sides of the National ID for both signatories, and have the other signatory reply to approve the withdrawal.
Missing a transaction?
If a savings, shares, or land deposit is not showing on your account, contact HMC on +256 778 103079 or harvestmpco@gmail.com and attach your proof of payment so the team can investigate.
Arise. Build. Own. Grow.
Join the structure, save consistently, buy shares, and participate in the opportunities that create long-term impact.