SACCOs
-
Opinions & Commentary
African Development Educators Programme set for this weekend in Kenya
NAIROBI, January 14, 2025 –– Held in partnership with the National Credit Union Foundation [NCUF], the African Development Educators [ADE] Programme combines practical cooperative strategic thinking within the sector and its impact…
Read More » -
News
Build SACCOs to create more job opportunities for Ugandans, Prof. Kamuntu urges leaders
SHEEMA, January 14, 2025 – Establishing and nurturing financial institutions in Uganda is essential for increasing employment opportunities for the citizens, according to Prof. Ephraim Kamuntu, the Senior Presidential Advisor on Manifesto…
Read More » -
News
Mushanga SACCO raises Shs 7.6bln from Christmas Bonanza Quiz
SHEEMA, December 25, 2024 – Mushanga Savings and Credit Cooperative Society (SACCO) Limited has rewarded 440 loyal members with Christmas gifts in a festive ceremony held at the SACCO’s main branch in…
Read More » -
News
Kenyan SACCOs outshine banks in loan market amidst high interest rates
NAIROBI, December 16, 2024: Kenya’s Savings and Credit Cooperative Organisations [SACCOs] have attracted a growing number of customers seeking more affordable loan options as commercial banks keep charging higher interest rates. Despite…
Read More » -
News
Masaka officials remanded over theft of PDM Money
MASAKA, December 10, 2024 — Two parish chiefs, John Rogers Mutebi, and Joseph Bbale, alongside John Baptist Matovu, the Masaka District Agricultural Officer and Focal Person for the Parish Development Model [PDM)…
Read More » -
News
Alebtong Emyooga SACCOs struggling to recover over Shs 510mln
ALEBTONG, November 22, 2024 At least 17 Emyooga Savings and Credit Organisations [SACCOs] in Ajuri County, Alebtong district, are facing challenges in recovering over Shs 510 million that was advanced to various…
Read More » -
News
Ntungamo district boss calls for regular training of SACCO leaders
NTUNGAMO, November 21, 2024 – Samuel Mucunguzi, the LCV Chairperson of Ntungamo district, has called for regular training of leaders, and managers of Savings and Credit Cooperative Organisations [SACCOs], arguing that such…
Read More » -
News
Masindi officials decry dependency syndrome for cooperatives
MASINDI, November 21, 2024 – Masindi Municipal Council officials have expressed concern over the failure of Savings and Credit Cooperative Organisations [SACCOs], and some producer cooperatives to sustain themselves. This concern was…
Read More » -
News
Stanbic increases ceiling for unsecured SACCO loans to Shs 4bln
KAMPALA, November 20, 2024 – Stanbic Bank has raised the ceiling for unsecured SACCO loans to Shs 4 billion, up from the previous limit of Shs 200 million, with an interest rate…
Read More » -
News
SACCO managers in Bunyoro urged to prioritise transparency and accountability
HOIMA, November 8, 2024 — Managers of Savings and Credit Cooperative Organisations [SACCOs] in the Bunyoro Subregion have been urged to uphold high standards of transparency, accountability, and effective management to foster…
Read More »