Loans
-
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…
Read More » -
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…
Read More » -
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.…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
Northern
Handouts cripple refugees’ SACCO in Lamwo
LAMWO – The continuous giving out of hand-outs has crippled the activities of Paluda Farmers’ SACCO whose members are South Sudanese refugees. The refugees living in Lamwo district decided to form their…
Read More » -
Western
aBi Finance injects Shs 120bln in green agribusiness
MBARARA -aBi Finance Limited in partnership with local commercial banks, Microfinance Deposit-taking Institutions [MDIs], and SACCOs has so far sunk Shs 120 billion in the agribusiness sector in form of cheap credit.…
Read More » -
Eastern
Traders appeal for help as fire razes Mbale market
MBALE – Traders and market vendors operating in Kumi road market in Mbale City have appealed to government to rescue them after fire gutted their kiosks, destroying merchandise worth millions of shillings.…
Read More » -
Northern
Equity Bank readies loans for small enterprises in Acholi
GULU – Equity Bank Uganda has committed to supporting small-scale enterprises in Acholi Sub-region so that they can sustain their operations. At least 1,000 market vendors in Gulu City and its neighboring…
Read More »