SACCOs
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Cooperatives & Communities
Butuuro SACCO registers strong performance in 2024
BUSHENYI, April 1, 2025 – Butuuro Financial Services Limited [Butuuro SACCO], located in Nyakabirizi Town Council, Bushenyi District, experienced remarkable growth in 2024 despite internal challenges. This was announced during the SACCO’s…
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News
Enhancing livelihoods: Gov’t injects Shs 450mln into Karamoja SACCOs
KATIDO, April 1, 2025 — Government, through the Microfinance Department under the Finance Ministry, has injected Shs 450 million into nine Savings and Credit Cooperative Organisations [SACCOs] formed by reformed warriors, locally…
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Cooperatives & Communities
PDM SACCO in Kapchorwa district operating without physical office
KAPCHORWA, April 1, 2025 — The Sirimityo Parish Development Model [PDM)] SACCO in Kaserem Subcounty, Kapchorwa district, has been operating without a physical office, leaving its members without a centralised location to…
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Cooperatives & Communities
Masindi SACCO Advocates for Drought-Resilient Crops to Minimise Losses Suffered
MASINDI, March 31, 2025 – Leaders of the Masindi District Farmers Association Savings and Credit Cooperative Society Limited [MADFA SACCO] are urging SACCO members to adopt enterprises such as coffee and cocoa,…
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Cooperatives & Communities
Shs 20mln raised as Sheema journalists launch SACCO
SHEEMA, March 30, 2025 – Politicians were among the local community members who thronged Sheema Stadium in Sheema district to witness the launch of a Savings and Credit Cooperative Society [SACCO] aimed…
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News
Shuuku SACCO elects new leaders at 26th AGM
SHEEMA, March 25, 2025 – Stephen M. Bongonzya, the Vice-Chairperson of Uganda Cooperative Savings and Credit Union Limited [UCSCU], has been re-elected unopposed as the Board Chairperson of Shuuku SACCO for the…
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News
Museveni challenges Bunyoro Zonal Industrial Hub alumni to form SACCOs
MASINDI, March 21, 2025 – President Yoweri Museveni has urged students who completed their studies at the Bunyoro Zonal Industrial Hub to form Savings and Credit Cooperative Organisations [SACCOs] in their respective…
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News
Dokolo North Welders Emyooga SACCO seed capital hits Shs 70mln
DOKOLO, March 18, 2025 – The government has so far disbursed a total of 70 million to the Dokolo Welder’s Emyooga SACCO since the inception of the programme. Emyooga, a Presidential initiative…
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News
Prof. Kamuntu urges SACCO leaders to avoid internal conflicts for development
SHEEMA, March 17, 2025 – The Senior Presidential Advisor on Manifesto Implementation and Economic Affairs, Prof. Ephraim Kamuntu, has urged local Savings and Credit Cooperative Organisations [SACCOs] to avoid internal conflicts if…
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Opinions & Commentary
Credit referencing in Uganda: Unlocking opportunities for growth
KAMPALA, March 12, 2025 –– Uganda has a diverse range of credit providers, including commercial banks, credit institutions, and Microfinance Deposit-Taking Institutions [Tier 1 to Tier 3 financial institutions], Deposit-Taking Microfinance Institutions,…
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