SACCOs
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Cooperatives & Communities
Over 30 PDM SACCOs in Arua to receive funds this month
ARUA – Arua district has launched the Parish Development Model [PDM] with 32 PDM SACCOs in the district expected to share One billion shillings this month, officials say. Arua district is among…
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Cooperatives & Communities
Minister Engola urges Oyam residents to embrace PDM
LIRA– State Minister for Labour, Employment and Industrial Relations, Charles Okello Engola has called upon residents of Oyam district to take advantage of the Parish Development Model [PDM] to increase production. The…
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International
ICA welcomes new member from Nepal
The International Cooperative Alliance [ICA] has welcomed a new member in the name of the Nepal Federation of Savings and Credit Co-operatives Union [NEFSCUN] from Nepal. NEFSCUN is the member-based national apex organization of Savings…
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Cooperatives & Communities
Govt to hire offices for Emyooga SACCOs
HOIMA – The State Minister for Microfinance, Haruna Kyeyune Kasolo has said government plans to hire offices for the Emyooga SACCOs across the country in a bid to ease monitoring of the…
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Cooperatives & Communities
Rakai farmers form own SACCO to provide cheap credit for production
RAKAI– At least 100 coffee and dairy farmers in Kacheera Sub-county in Rakai district have formed their own SACCO [Kacheera Sub-county Coffee and Dairy Farmers SACCO] to provide members with cheap loans…
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Cooperatives & Communities
Apac gets over Shs 1.1bln PDM cash
APAC-Apac district has received Shs 1.174 billion under the Parish Development Model [PDM] aimed at moving households trapped in the subsistence economy to the money economy through emphasising agricultural value-chain development to…
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Cooperatives & Communities
Govt urged to expedite release of PDM funds to beneficiaries
BUSHENYI-Bushenyi district woman Member of Parliament, Annet Katusiime Mugisha is bitter with the government for delaying to release of the Parish Development Model [ PDM ] funds to the beneficiaries. While speaking…
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East Africa
KUSSCO wants money owed by defunct councils remitted
NAIROBI –Kenya Union of Savings and Credit Cooperatives Limited [ KUSSCO ] wants the defunct municipal councils which were succeeded by the county governments and state-owned entities to pay back the defaulted…
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Cooperatives & Communities
Emyooga: Shs 1.7bln not yet recovered in Kumi
KUMI – The authorities in Kumi district are struggling to recover about Shs 1.7 billion advanced to various Savings and Credit Cooperative Societies [SACCOs] under Emyooga Programme. In 2021, government through Microfinance…
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Cooperatives & Communities
Arua City Emyooga SACCOs urged to be audit ready
ARUA– Arua City authorities have warned Emyooga SACCO leaders in the city not to run away but instead prepare for the planned audit of their business transactions s required by law. The…
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