The Savings and Credit Co-operative League of SA (SACCOL) Ltd. was established by Savings and Credit Co-operatives (SACCOs) and Credit Unions around South Africa as their National Association. SACCOL has three primary functions: Representative of the SACCO movement both locally and internationally. To provide development services to SACCOs. SACCOL services its member organizations by providing training, advice and other technical services as well as accepting deposits from and making loans to its members. To regulate SACCOs. SACCOL is owned and controlled by its member SACCOs. Members exercise proportional voting rights according to the size of its membership. SACCOs elect members onto the SACCOL board and various committees.