MicroFinance
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News
Welders’ Emyooga SACCO diversifies business to boost capital base
DOKOLO, 27 April 2025 – The Dokolo North Welders’ Emyooga SACCO, based in Agebo A Cell, Amuda Central Ward, Agwata Town Council, has invested its additional seed capital of Shs 20 million…
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News
Lira Emyooga SACCO appeals for heavy-duty sewing machine
LIRA CITY, April 17, 2025 – The Lira Municipality Tailors’ Emyooga SACCO in Lira City is appealing for support to acquire a heavy-duty sewing machine, citing inefficiencies with the regular machines currently…
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News
Loan defaulters blamed for poor performance of Kyamuhunga People’s SACCO
BUSHENYI April 9, 2025 – The Board Chairman of Kyamuhunga People’s SACCO [KYAPS] in Bushenyi district, Paul Turyamureeba Kahiigi, has urged members to ensure they repay their loans promptly if their organisation…
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News
Bank of Uganda issues MDI licence to EBO SACCO
KAMPALA, January 28, 2025 – The Bank of Uganda [BoU] has granted a licence to EBO Cooperative Savings and Credit Society Limited, located in Bwizibwera Rutooma Town Council, Mbarara district. This licence…
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News
Dokolo Emyooga SACCOs assured of additional seed capital
DOKOLO, January 17, 2025 – – The Microfinance Support Centre [MSC] has assured members of Emyooga SACCOs in Dokolo District of an additional Shs 20 million in seed capital provided by the…
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News
Alito Joint Farmers Multipurpose Cooperative Society marks silver jubilee
KOLE, May 9, 2024 – Alito Joint Farmers Multipurpose Cooperative Society Limited in Kole district has celebrated 25 years of existence. Started in 1998 with only five founder members, the cooperative now has more than 16,000…
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Cooperatives & Communities
BoU awaits court decision on regulation of large SACCOs
KAMPALA, September 26, 2023 – The Bank of Uganda [BoU] will not continue with its plans to regulate large SACCOs until court rules on the case lodged by Uganda Cooperative Savings and…
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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
Seven wards in Mbarara City miss out on PDM funds
MBARARA – A total of seven wards in Mbarara City are yet to receive money being disbursed by government under the Parish Development Model [PDM] to fight poverty in households engaged in…
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Cooperatives & Communities
PSST Ggoobi: SACCOs in Uganda have grown to over 30,000
The number of Savings and Credit Cooperative Organisations [SACCOs] in Uganda has increased to 33,000, according to the Permanent Secretary and [PSST] Secretary to the Treasury, Ramadhan Ggoobi. According to Ggoobi, there…
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