Cooperatives & CommunitiesNews

Dokolo journalists’ association gets Shs 1mln capital boost

DOKOLO, February 19, 2024 – Dokolo Media Association in Dokolo district has received Shs 1 million to boost the capital, and livelihoods of its members who are mainly journalists.

The money was given to the journalists by Dr Anna Grace Lalam Atine, one of the Aspirants vying for the position of Dokolo Woman Member of Parliament in the yet-to-come by-election. This follows the death of former MP Cecilia Ogwal.

The journalists’ association that gave birth to Dokolo North and Dokolo South Journalist Emyooga Savings and Credit Cooperative Organisations [SACCOs] was formed in 2021 with 42 members.

The association oversees the welfare of its members through savings and giving out loans which are paid back within a period of 1- 4 months depending on the amount a member has borrowed.

Dr Lalam promised to continue supporting the journalists in Dokolo district so that they improve their livelihoods.

Moses Obwona Ogwal, the Chairperson of the association said the money received will boost the capital base of the association and affiliate SACCOs.

He said lack of capital has been one of the association’s major challenges much as it tries to generate money through registration for new members,.

“We have been yearning for this kind of support, this money will boost our income levels, and now our capital has increased because of this donation,” Obwona said, adding that some members take long to pay back the loans.

Obwona said they now want to recruit even non-journalists so that the association’s SACCOs improve savings and shareholding.

“We want to widen the SACCO, we want members to be many including those who are not journalists so that we can realize some profit ones we lend out the money,” Obwona said.

Abel Okullo, a member of the association and News Editor at Dokolo FM explained that the association has been helping members whenever they are need, say school fees, or when they have lost their loved ones.

He added: “If a member needs help, we would all come together, collect money for  a common cause,” Okullo said.

Meanwhile, Patrick Alyenyo, the Dokolo District Commercial Officer encouraged journalists to join SACCOs if they want to improve their livelihoods.

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