MicroFinance
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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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International
WOCCU: 2023 digital growth award nominations open
MADISON, Wis. –Nominations are open for World Council of Credit Unions’ [WOCCU] 2023 Digital Growth Award, which will recognise one or more member credit union associations or member credit unions for successfully…
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Cooperatives & Communities
Mayuge RDC gives money lenders ultimatum to return clients’ IDs
MAYUGE – The deputy resident district commissioner Mayuge, Trevor Solomon Baleke has issued an ultimatum to all money lenders in the district to return all national identification cards [ IDs ] confiscated…
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Cooperatives & Communities
Microfinance and Savings Groups Conference kicks off in Kampala
KAMPALA-A two-day hybrid Annual Microfinance and Savings Groups Conference 2022 kicked off on Tuesday at Hotel Africana in Kampala, attracting different players from the private sector, government, academia, civil society, and academia.…
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Cooperatives & Communities
Emyooga beneficiaries blame gov’t over poor loan refunds
NEBBI. Beneficiaries of Emyooga funds in Nebbi Municipality have said some SACCOs have failed to refund the loans because government did not empower their leaders with financial literacy which would have helped…
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Cooperatives & Communities
Otuke Boda boda Emyooga SACCO ranks best in district
OTUKE- Otuke East Boda Boda Emyooga Sacco in Otuke district is reportedly performing extremely well and members have started reaping the benefits. According to authorities and Microfinance Support Centre [MSC], the Sacco…
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