Loans
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Northern
Emyooga beneficiaries in Lira record success
LIRA – The Beneficiaries of the Presidential Initiative on Job and Wealth Creation [Emyooga Programme] in Lira City are reporting success since the programme was rolled out four years ago. The Emyooga…
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Northern
GULU: Money lenders accused of retaining national ID cards of borrowers
GULU – The authorities of Gulu City have raised concern over a number of national identity cards [ ID cards ] being retained by money lenders and microfinance institutions operating in the…
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Cooperatives & Communities
Youth in Madi Sub-region shun PDM cash
ADJUMANI– Youth in the Madi Sub-region districts of Adjumani, Moyo, and Obongi, are hesitant to use the funds provided by government under the Parish Development Model [PDM] due to the stringent conditions…
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East Africa
SACCO empowers pastoralists in Kenya
NAIROBI – Over 5,000 members, mostly pastoralists, have benefited from Northern Rangelands Trust Trading [NRTT] SACCO, established by community conservancy members as a vehicle for building businesses and diversifying their livelihoods. According…
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Cooperatives & Communities
Kwania SACCO improves welfare of teachers
KWANIA – The socio-economic welfare of teachers in Kwania District has improved, thanks to their SACCO, Kwania District Teachers’ Co-operative Savings and Credit Society Limited. Established in 2019 with 61 members and…
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Cooperatives & Communities
We owe coffee farmers Shs 6bln, says BCU
KAMPALA – Bugisu Cooperative Union [BCU] owes Arabica coffee farmers Shs 6 billion, according to the latest press release circulated by management to media houses. This follows yesterday’s reports in one of…
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Education
Teachers advised to shun multiple loans
MBALE – Teachers in Mbale district and Uganda at large have been urged to invest part of their earnings in productive activities other than continuously acquiring multiple loans from various financial institutions.…
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Cooperatives & Communities
Recovery rate for Emyooga funds in Lango Sub-region at 30 percent
LIRA – The loan recovery rate for Emyooga funds in Lango Sub-region currently stands at 30 percent, according to officials responsible for the government programme in the area. Lango Sub-region received has…
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Cooperatives & Communities
Omoro boda boda groups receive Shs 30mln presidential pledge
OMORO – Several boda boda groups in Omoro district have received Shs 30 million pledged by President Yoweri Museveni recently. Museveni made the pledge to support the boda boda cyclists during a…
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Cooperatives & Communities
Don’t ask for collateral, Kabarole RDC warns Emyooga SACCO leaders
KABAROLE – The Kabarole resident district commissioner [RDC], Festus Bandeeba has warned Emyooga SACCO leaders against asking members for collateral before they can be given loans for production. Bandeeba said he had…
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