Loans
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Cooperatives & Communities
Emyooga: Shs 1.7bln not yet recovered in Kumi
KUMI – The authorities in Kumi district are struggling to recover about Shs 1.7 billion advanced to various Savings and Credit Cooperative Societies [SACCOs] under Emyooga Programme. In 2021, government through Microfinance…
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Cooperatives & Communities
Low production crippling VSLAs in Gulu
GULU- Low engagement in income generating activities among members of Village Saving and Loan Associations [VSLAs] in Gulu City is crippling their growth, according to the city commercial officer, Nixon Komakech. VSLA…
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Cooperatives & Communities
Mwizi SACCO back on growth path, members urged to continue saving
RWAMPARA– Mwizi SACCO has managed to record tremendous success during the financial year 2022/2023, the SACCO having been mismanaged by the former leadership, which was kicked out for it to stabilise and…
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Cooperatives & Communities
Minister Ogwang launches fundraising drive for women SACCOs
KATAKWI – The Minister of State for Sports, Peter Ogwang last weekend launched a fundraising drive for women SACCOs in Ngaraim County, Katakwi district, saying it will help them fight household poverty.…
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Cooperatives & Communities
West Nile Teachers’ SACCO grapples with low savings
ARUA-West Nile Teachers’ SACCO is struggling with low savings, which leaders say has hindered the growth of the SACCO that can serve members as desired. SACCO leaders attribute the sharp decline in…
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Cooperatives & Communities
Nwoya cooperatives have scanty books of account
NWOYA– The majority of the cooperatives in Nwoya district lack proper audited books of account, something that has limited them to access loans from commercial banks and other financial institutions, district officials…
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Cooperatives & Communities
MP Ogwal pledges more financial support for Dokolo VSLAs
DOKOLO-The Dokolo district Woman Member of Parliament, Cecilia Atim Ogwal has pledged to continue rendering financial support to the Village Savings and Loan Associations [VSLAs] in the district so that they are…
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East Africa
SACCO members, officials face off over savings
NAIROBI-It took the intervention of the police to calm the ugly situation as Members of B -Smart Sacco Limited in Nairobi City stormed the offices of the Sacco days ago, demanding that…
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News
Kwania youth yet to take full advantage of YLP
KWANIA-Authorities of Aduku Town Council in Kwania district are not happy with the youth for doing little to benefit from the Youth Livelihood Programme [YLP]. In 2014, government through the Ministry of…
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Cooperatives & Communities
Gulu association raids members over failure to pay loans
GULU-Leaders of Gulu Disabled Persons Union [GDPU] have raided members who have failed to meet their loan obligations. The culprits have had their fabrication workshops, and sewing machines taken over by the…
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