Financial Inclusion
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News
Soroti begins second disbursement of PDM funds
SOROTI, September 30, 2024 – Soroti district days ago launched the second disbursement of the Parish Development Model [PDM] funds at Gweri Sub-county headquarters. A total of Shs 5.4 billion is expected…
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News
AfDB approves US$ 6.6mln grant to strengthen Somalia’s financial architecture for inclusive growth
ABIDJAN, September 17, 2024— The African Development Bank Group [AfDB] has approved a US$ 6.6 million grant to support the Federal Government of Somalia [FGS] in strengthening state capacity to build its…
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News
Serere’s Mugarama B VSLA, building bridges to financial inclusion and prosperity
SERERE, July 25, 2024 – In the country where most people in rural areas are outside of the financial system, Mugarama B Village Savings and Loans Association [Mugarama B VSLA] nestled along…
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News
Oikocredit announces EUR 2.4mln loan to support SMEs in Indonesia
AMSMERFOORT and JARKATA, July 6, 2024 – Netherlands’s Social investor Oikocredit and Validus Group, a Singapore-based digital financing platform, have partnered to provide small and medium-sized enterprises [SMEs] in Indonesia with accessible…
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News
Tororo leaders warned against extortion of PDM beneficiaries
TORORO, June 25, 2024 – Tororo Deputy Resident District Commissioner [RDC], Albert Amula, has warned officials implementing the Parish Development Model [PDM] against extortion. Amula issued the warning while opening the training…
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News
Agreement to drive sustainable development through Islamic Finance signed
JEDDAH, June 6, 2024 – The Islamic Development Bank Institute [IsDBI] and the General Council for Islamic Banks and Financial Institutions [CIBAFI] signed a Grant Agreement to collaborate towards advancing Islamic finance…
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Cooperatives & Communities
Soroti City receives Shs 550mln PDM funds for second disbursement
SOROTI, April 18, 2024 – The Soroti City Commercial Officer, George William Tukei says the city has received Shs 550 million for the Parish Development Model [PDM] beneficiaries who missed the money…
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Cooperatives & Communities
WFCU to host key annual events during GAC
MADISON, Wis., February 17, 2024 — Worldwide Foundation for Credit Unions [ WFCU ] and their two major networks, Global Women’s Leadership Network [GWLN] and World Young Credit Union Professionals Network [WYCUP],…
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Cooperatives & Communities
Official warns PDM beneficiaries against diverting funds
LIRA, September 14, 2023 – The beneficiaries of the Parish Development [PDM] in Lira district have been warned against diverting the funds meant to help poor households engage in commercial farming. The…
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Cooperatives & Communities
Seven wards in Mbarara City miss out on PDM funds
MBARARA – A total of seven wards in Mbarara City are yet to receive money being disbursed by government under the Parish Development Model [PDM] to fight poverty in households engaged in…
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