Finance
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Cooperatives & Communities
Odongo was poor but Loro-Oyam Sacco lifted him out of poverty
In 2016 Pasquelli Odongo, 42, dreamt of building a residential house in his village, Ayom-Apwono, in Aber Sub County, and five years later he is a proud owner of a modest three-room…
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Seventeen SACCOs pass fitness test, get registration certificates
SOROTI – Seventeen out of 18 Saccos in Soroti City East Division passed the fit-and-proper test and finally got their certificates of registration and bylaws from the registrar of cooperatives. The certificates,…
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Cooperatives & Communities
Hoima Sacco, Government clash over Shs 50m loan
HOIMA – In a speech at the annual general meeting of the Hoima District Referees Saving and Credit Co-Operative Society (Sacco), Board Chairman Patrick Kunihira, publicly voiced his concern about a deliberate…
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Cooperatives & Communities
New Sacco to give out Cheap loans in Hoima
The newly launched KASSOBA SACCO is on course to open with offers of cheap loans to members of Kabalega Secondary School Old Boys Association (KASSOBA). The official launch was on April 3…
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Cooperatives & Communities
Long-dormant sacco in Masindi bounces back
A long-dormant savings and cooperative credit society has been revived. The Masindi Savings and Cooperative Credit Society Limited has been revived by members after a two-year lull. The SACCO membership comprises mainly…
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Cooperatives & Communities
Cooperative slashes fees to attract new members
To shore up its numbers, Lira Diocese Multipurpose Cooperative Society Limited has slashed its membership fee from Shs 50,000 to Shs 30,000 to encourage registration of new members with minimal fees. In…
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Cooperatives & Communities
Hoima leaders locked in fight over cooperative union
Even before it gets off the paper, a plan by businessman Abdu Mariki Mugisa to form Bunyoro farmer’s Cooperative has drawn strong opposition largely from leaders in the western district of Hoima…
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Cooperatives & Communities
Masindi Teachers’ SACCO grapples with 40% account dormancy
Masindi Teachers’ SACCO is facing a challenge of 237 dormant accounts (close to 40% of the total), a situation the SACCO’s Chairperson says affects them significantly. Isaac Mugaanzi, the Board Chairperson for…
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Cooperatives & Communities
Apac: Shs 40 bn Aquaculture Project stalls over land row
The construction of dams in Apac district under the Aquaculture project has stalled, and the site been abandoned by contractors as locals bicker over land compensation, theCooperator has learned. In 2018, residents…
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Cooperatives & Communities
Kwania district to train Emyooga beneficiaries
District officials in Kwania district have pledged to offer some training in financial management to beneficiaries of the recently released Presidential Initiative on Job and Wealth Creation (Emyooga) funds. After a long…
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