About Smart Investment Club

Smart Investment Club was formed by a group of Twenty (20) students pursuing a Bachelors Degree in Entrepreneurship and Small Business Management (BESBM) at Makerere University Business School Nakawa Kampala. The Constitution that brought Smart Investment Club into existence was adopted on the 22^nd day of APRIL 2013 and it was duly and officially registered by UGANDA REGISTRAR OF DOCUMENT on the 30^th day of APRIL 2013, REGISTERD AS NUMBER 5272 of 2013, under the Lawyer from AUTHER MWEBESA ADVOCATE.

The founder members of the club got encouraged after DFCU BANK had offered to promote Investment

Clubs in Central Uganda by teaching and paying the legal registration of the Club Constitution.

CAPITAL MARKET AUTHORITY together with MAKERERE UNIVERSITY BUSINESS SCHOOL Department of Entrepreneurship corroborated with DFCU Bank and provided all the necessary guidance and supervision.

OUR PURPOSE

We exist to serve our members through encouraging a saving culture, skill development, to transform and nurture a new breed of investors socially, economically and technologically by availing them with , training needs, advisory services, financial services among others so as to maximize and capitalize the member opportunities.

OUR VISION

To be the leading Investment Club promoting economic use of idle resources into investment development in the East African region providing necessary advisory services to our members with a view to encourage young investors, reduce ignorance through skills training and enable entrepreneurship development among our member.

OUR MOTTO

“Nurturing a new breed of Investors”

 OBJECTIVES

The main objectives for which the club was;

a)      To mobilize savings from its members by way of monthly contribution to the club fund and to encourage members to raise funds for savings in every possible and lawful way.

b)      To advance loans to members for productive purposes and to charge interest thereon at such rates and such terms as shall be agreed on from time to time and as laid out in these bye laws.

c)      To carry on, develop and improve any trade business whether manufacturing or otherwise which may seem to the club capable of being conveniently carried on in connection with its objectives herein or calculated directly or indirectly to enhance the value or render more profitable any of the club’s property, assets or rights.

d)     To invest the club funds in such ways as are financially profitable be it in Events Management and other related ventures and for this matter to engage in decorations, entertainment, catering services, salon services transport services, financial services among others.

MANAGEMENT

The club is well management by MATENDE GEOFREY who is the Chairman from Makerere University Business School, MIREMBE RECHEAL who is the Treasurer also from Makerere University Business School and MULONDO BILLY serving as the Club Secretary from Kyambogo University. The management is under supervision of MUBS department of Entrepreneurship, Capital Market Authority and DFCU Bank Lugogo Branch where the Club operates its Bank Account Number.

FOUNDERS

The founders of the Smart Investment Club includes; MATENDE GEOFREY, GATHEE  KARIUKI  SAMUEL, NAZIRI HALIMA ,KAKYO MARTHA,WASSWA PHILIP,NABWAMI CATHERINE,NAMYALO JACKLINE,KYALIGONZA  KARIM,KISAKYE BRENDA,NALUGWA BABRA   ,NATTAKASI DAMALESIE,OMOLO CORNELIUS,MUJUNI ROBERT,AYEN MAKER ,UWERA WINNIE,NADUNGA SYLIVIA,KITTATA PAUL,MASANGA JUDRE,JESSE VENANT.

However after being in operations, a number of members appreciated the management of the Club which was under Geofrey Matende as the Managing Director and the Chairman Board of Directors who employed expansionist strategies and the Club expanded from a concentration of Entrepreneurship students only to massive awareness and students from programmes like Bachelor of Commerce, Bachelor of Business Administrations, Bachelor of Science in Finance to mention but a few had o appreciate the Club management and Directory.

Geofrey Matende however having aimed at making SMART INVESTMENT CLUB the Giant and fast growing Club in the East African region, immediately at the end of the first year of operation exported the mushrooming gospel of Smart investment Club to KYAMBONGO UNIVERSITY after contacting MR BILLY MULONDO a long term business friend meet at  Jinja Senior Secondary School  A-Level.

Mulondo Billy though offering a course in Social Works and Social Administration, immediately appreciated the business and market strategy and found a good haven to which should not miss take on. Billy together with business and Course mate Mugume Edwin who spread the gospel to as far as friends at UGANDA CHRISTIAN UNIVERSITY who immediately number of friends.