SACCOs
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Cooperatives & Communities
Kikuube: 36 SACCOs receive Emyooga funds
Members of 36 Credit Cooperative Societies (SACCOs) in Kikuube district have received certificates from the Microfinance Support Centre (MSC), enabling them to access over Shs1 bn that was earlier wired to their…
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Cooperatives & Communities
Poor management to blame for collapsing Lango SACCOs-Expert
Savings and Credit Cooperative Organizations (Saccos) in Lango Sub-region are collapsing due to mismanagement, experts have said. Speaking during a 5-day training of Acan-pe-Kun SACCO members on Thursday, the Chief Executive Officer…
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Kasese journalists’ SACCO gets Emyooga cash
Journalists associations under the umbrella Kasese Municipality Journalists Saving and Cooperative SACCO have received Shs 30m under the Presidential Wealth Creation Initiative, Emyooga. While meeting the Chairpersons of different media associations in…
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Cooperatives & Communities
Aduku ‘Road Gang’ forms SACCO
Laborers employed to carry out road maintenance within Aduku town council, Kwania district, have formed a Savings and Credit Cooperative Society (SACCO). The SACCO, dubbed “Aduku Town Council Road Gangs’ SACCO Limited,”…
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Cooperatives & Communities
Form SACCOs if you want to grow, Minister tips women VSLAs
Women’s Village Saving and Loans Associations (VSLAs) in Hoima district have been challenged to turn their associations into Savings and Credit Cooperative Societies (SACCOs) as one way to promote economic growth and…
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Cooperatives & Communities
Weak Primary Societies to blame for collapsing Cooperative Unions
The assistant Commissioner for cooperatives, Robert Mpakibi Waiswa, has attributed the increasing collapse of cooperative unions in Uganda to weak primary societies, lack of diversification and poor leadership, among other reasons. Mpakibi…
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Cooperatives & Communities
Kwania district launches Teachers’ SACCO
Kwania district officials have launched a teachers’ savings and credit cooperative organization (SACCO). The SACCO, which will accommodate all 1,074 teachers of primary and secondary public schools in the district, was launched…
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Cooperatives & Communities
Unlicensed SACCOs risk closure, accused of preying on savers
Members of unlicensed Savings and Credit Cooperative Societies (SACCOs) are at risk of losing their hard-earned savings, Philip Otim, the Apac District Commercial Officer, has warned. Available figures indicate that there are…
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Agoro Cooperative members decry delayed repair of Irrigation scheme
Members of the Agoro Self-Help Irrigation Cooperative Society have denounced the delayed rehabilitation of the Agoro Irrigation Scheme in Lawmo district, saying the delay has robbed them of the livelihood they earned…
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