Loans
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Cooperatives & Communities
Emyooga SACCOs in Lango get extra Shs 400mln seed capital
LIRA, September 6, 2023 – The Government through the Microfinance Support Centre [MSC] has disbursed Shs 400 million to 20 Emyooga SACCOs in Lango Sub-region as additional seed capital, where each SACCO…
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Cooperatives & Communities
Kwania: Emyooga funds improving livelihoods of PWDs
KWANIA – Persons with disabilities under Kwania North PWD Emyooga SACCO are flourishing in both their businesses and livelihoods and now want more money to further grow their businesses. The SACCO which has…
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Central
Entebbe officials probed over failure to collect women and youth loans
ENTEBBE – Top technocrats working with Entebbe Municipal Council in Wakiso district are under the spotlight after failing to recover Shs 1.2 billion loaned out under the Youth Livelihood Programme [YLP] and…
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Western
Rwenzori vanilla farmers decry low prices
NTOROKO – Due to the low prices being offered by buyers, vanilla farmers in Ntoroko district and Rwenzori Sub-region at large have threatened to abandon the crop and go for other high-value…
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Cooperatives & Communities
SACCOs in Kwania, Apac gain ground as they pull civil servants
APAC – Savings and Credit Cooperative Societies [SACCOs] in Kwania and Apac districts have gained momentum, and attracted a number of civil servants such as teachers, leaving the large microfinance institutions drained…
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Cooperatives & Communities
Tehri DCCB concludes AGM
NEW DELHI – Indian Tehri-Garhwal District Cooperative Bank [ DCCB ] organised its 65th Annual General Meeting days ago, which was attended by the state cooperation minister Dr Dhan Singh Rawat as…
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Cooperatives & Communities
Lira cooperative promoting production of oil seeds
LIRA – The Erute North County Oil Seed Farmers’ Cooperative Society Limited in Lira district has pledged to continue promoting the production and multiplication of oil seeds as well as value addition.…
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International
GWLN 2023 Empowerment Grant winners to increase financial access worldwide
MADISON, Wis —Global Women’s Leadership Network [GWLN] recently announced its 2023 Empowerment Grant winners — Enkhchimeg Nergui, Partnership Specialist, Mongolian National Confederation of Credit Unions, and Violet Ndungu, CEO, Muki SACCO [Kenya]. The two will…
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Cooperatives & Communities
Stanbic Bank loans to SACCOs hit Shs 55bln
KAMPALA – Savings and Credit Cooperative Societies [SACCOs] have so far received loans worth Shs 55 billion from Stanbic Bank Uganda, according to Patrick Twinamatsiko, the head of SACCOs business at Uganda’s…
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Cooperatives & Communities
Kenya: Real estate takes biggest share of SACCO loans
NAIROBI – Land and housing consumed the largest share of loans Kenyan SACCOs issued to their members in 2022, the latest data by SACCO Societies Regulatory Authority [SASRA] shows. According to the…
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