Loans
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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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Cooperatives & Communities
Lira City Emooyga SACCOs appeal for extra funds
LIRA -Lira City Emooyga SACCOs are appealing for extra funds from the government, saying they would like to boost their businesses further and recruit more members. The government through the Microfinance Support…
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Cooperatives & Communities
Cooperative societies in Lira Main Market to form union
LIRA – A process is ongoing to transform a total of 14 primary cooperative societies in Lira Main Market into a union that should better enhance production and productivity, collective marketing, value…
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Cooperatives & Communities
Paa-Apira SACCO transforming livelihoods of members in Northern Uganda
GULU – Farmers in Acholi Sub-region are busy planting maize, rice, sorghum, sim-sim, cassava as the first planting season of the year continues. Notable among the busy farmers are the members of…
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