SACCOs
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News
The big interview: Meet Stephen Mugumya Bongonzya – a seasoned banker and senior cooperator
MBARARA CITY, April 28, 2025 — theCooperator News recently sat down with Stephen Mugumya Bongonzya, Vice Chairman of the Uganda Cooperative Savings and Credit Union Limited [UCSCU]—the apex body for SACCOs in…
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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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Cooperatives & Communities
Unlocking cross-border remittances: A new chapter for SACCOs in Kenya
NAIROBI, April 24, 2025: Kenya’s remittance market is growing rapidly, with inflows reaching nearly USD 5 billion in 2024, according to the Central Bank of Kenya [CBK]. However, while Savings and Credit Cooperative…
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News
Museveni urges journalists to promote regional integration, defend PDM initiative
MUBENDE, April 22, 2025 –– Ugandan journalists should take a lead role in promoting East African integration and defending government’s development programmes such as the Parish Development Model [PDM], according to President…
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News
Emyooga SACCOs in Northern Uganda urged to work hard to establish village banks
LIRA CITY, April 14, 2025 – Emyooga Savings and Credit Cooperative Organisations [Emyooga SACCOs] in Northern Uganda, particularly in the Lango and West Nile subregions, have been urged to strengthen their operations…
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News
Sheema: Shuuku SACCO boss warns against loan defaults
SHEEMA, April 14, 2025 – The Chairman of Shuuku SACCO Limited, Stephen Bongonzya, has warned board members and the wider membership against loan defaults, stressing that such practices are threatening the survival…
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News
Abim leaders call for support of local cooperatives
ABIM, April 11, 2025 – Leaders in Abim district are calling on development partners and other stakeholders in Uganda to support Savings and Credit Cooperative Organisations [SACCOs] in the district, noting that…
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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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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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