Welcome to YES SACCO Digital Savings
About YES Digital SACCO
Eswatini's first youth-focused digital SACCO.
The Youth Eswatini (Yès) Digital SACCO is the first youth-focused, digital-first savings and credit cooperative in Eswatini. Its establishment represents a landmark in advancing youth financial inclusion, entrepreneurship, and cooperative innovation. This report traces the SACCO’s journey from its founding to its current stage of institutional maturity.
Registered office · Mbabane, Eswatini
Raiffeisen House, Jubela Street, Sandla
E200
Joining fee
E100
Annual subscription
E100
Share price
E50
Min. monthly save
1. Introduction
The Youth Eswatini (Yès) Digital SACCO is the first youth-focused, digital-first savings and credit cooperative in Eswatini. Its establishment represents a landmark in advancing youth financial inclusion, entrepreneurship, and cooperative innovation. This report traces the SACCO’s journey from its founding to its current stage of institutional maturity.
2. Establishment and Foundational Support
Member-Led Renovations
The SACCO began with renovations of its office space, carried out by founding members, symbolizing ownership and collective responsibility.
Support from GESTE through DGRV
A cornerstone of the SACCO’s foundation was the provision of office space, equipment, and in the process of accessing the Mambu financial digital system, ensuring a modern operational backbone.
High-Level Endorsements
International
Endorsements from DGRV Southern Africa and the German Embassy, with leaders such as Veit Gesenhues (Director of DGRV Southern Africa), Liesel Töpfer (Head of German Liaison Office in Eswatini), and Ambassador Andreas Peschke attending the mandate viewing.
National
Honourable Minister Manqoba Khumalo for the Ministry of Commerce, Industry and Trade formally awarded the SACCO its registration certificate, legitimizing it under Eswatini law and cementing its role as a recognized youth-led financial institution.
Our mission
We help youth, workers, and families save with purpose, build share capital, and access fair credit through clear rules, cooperative governance, and modern digital tools backed by human support.
Our vision
To be the most trusted youth-led financial cooperative in Eswatini — where every member grows with confidence through ownership, responsible lending, and digital access.
Today
What members can rely on
Member-owned cooperative
Governed by members, for members — your voice shapes how we grow.
Registered & accountable
Transparent bylaws, elected leadership, and clear membership pathways.
Digital-first operations
Mambu-backed systems and yes-sacco.com so you can save and track progress online.
In pictures
Our journey so far
Registered office
Founding members renovated our Mbabane workspace — a visible sign of collective ownership.
Certificate handover
Ministerial recognition and governance milestones that affirm our legitimacy.
Partners & engagements
International and national partners who supported our establishment.
Youth financial inclusion
Members building savings, shares, and confidence together.
Our leadership
Elected board and management overseeing savings, credit, and member welfare.
Miss Silindile Queen Mkhonto
CEO / Officer in Charge of Administration
Mr. Mongi Dlamini
Board Chairperson
Mr. Mlungisi Mdluli
Vice Chairperson
Mr. Siphamandla Nhleko
Secretary General
Mr. Sibuyeni Masilela
Treasurer
Mr. Vukani Dlamini
IT Lead
Miss Samkelisiwe Dlamini
Board Member
Miss Temave Munde
Board Member
Lihle Ngwenya
Board Member