SACCOs
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Cooperatives & Communities
Museveni boosts Otuke SACCOs with Shs 100mln
OTUKE – President Yoweri Museveni has pledged Shs 100 million donation to support Saving and Credit Cooperative Organisations [SACCOs] in Otuke district. Museveni offered the donation as he camped in the Lango…
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Cooperatives & Communities
2023/2024 budget: Govt earmarks over Shs 1trn for SACCOs
KAMPALA– Government has earmarked Shs 1.177 trillion for various SACCOs in the upcoming 2023/2024 financial year, according to State Minister for Microfinance, Haruna Kasolo. Parliament yesterday approved the Shs 52trn budget for…
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Cooperatives & Communities
UMRA cautions money lenders after murder of Asian businessman
KAMPALA – Tier 4 Microfinance institutions and money lenders in Uganda have been advised to be cautious when dealing with borrowers after a police officer shot dead an Asian businessman in Kampala…
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Cooperatives & Communities
Don’t spend PDM money on parties, Namisindwa residents warned
NAMISINDWA – Authorities in Namisindwa district have cautioned the beneficiaries of the Parish Development Model (PDM) funds in the district against spending the received money on parties and other unproductive activities. The…
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Cooperatives & Communities
PDM SACCOs in Greater Masaka receive over Shs 22bln
MASAKA-A total of 367 Parish Development Model SACCOs [PDM SACCOs] in the Greater Masaka region have received over Shs 22 billion, officials say. Greater Masaka comprises districts of Kalangala, Lyantonde, Kalungu, Lwengo,…
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Cooperatives & Communities
Emyooga SACCOs in Masaka region get extra seed capital of Shs 6bln
MASAKA-About 300 best-performing Emyooya SACCOs in the 22 constituencies that make up the greater Masaka region have received more seed capital of Shs about 6 billion to grow their income generating activities.…
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Cooperatives & Communities
Koboko farmer SACCOs hire tractor to boost commercial farming
KOBOKO – Farmer SACCOs in Koboko district will now find it easy to cultivate land after they acquired a tractor from Muni University. According to the farmer SACCO leaders, the tractor will…
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East Africa
Boda boda riders urged to form SACCOs
NAIROBI – According to Kenya’s Co-op News, boda boda operators in Nandi County have been asked to form SACCOs to benefit from national and county government empowerment programmes. Nandi Governor, Stephen Sang…
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Cooperatives & Communities
Alupo pledges Shs 50mln for AMDF SACCOs
SOROTI – The Vice President, Jessica Alupo has pledged to support Ateker Muslim Development Foundation [ AMDF ] SACCOs with Shs 50 million to boost their income generating activities. The Shs 50mln…
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Cooperatives & Communities
Kumi disburses PDM funds to beneficiaries
KUMI – Kumi District Local Government has disbursed Parish Development Model [PDM] funds to beneficiaries in six sub-counties. During the launch of the disbursement of the funds in Ongino and Kanapa sub-counties…
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