SACCOs
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Cooperatives & Communities
Lira teachers’ SACCO in need of soft loan
LIRA, March 27, 2024 – Lira Primary and Secondary School Teachers SACCO needs a capital boost in the form of a soft loan to facilitate the lending business of the SACCO, according…
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Cooperatives & Communities
FSD Uganda boss urges SACCO members to pay loans in time
MBARARA, March 25, 2024 – Members subscribing to different Savings and Credit Cooperatives Organisations [SACCOs] in the country have been advised to pay their loans if the financial cooperatives are to grow…
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Cooperatives & Communities
MADFA SACCO loan portfolio grows 39 percent
MASINDI, March 22, 2024 – Masindi District Farmers Association savings and Credit Cooperative Society Limited [ MADFA SACCO ] registered an increase in loan portfolio from Shs 3.5 billion in 2022 to…
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Cooperatives & Communities
Coop3600 Innovations Award ignites competitiveness in Uganda’s cooperative sector
KAMPALA, March 16, 2024 –In a bustling atmosphere filled with anticipation and cooperative spirit,The Uhuru Institute for Social Development [TUI], together with her partners for the Coop3600 Innovations Award, hosted a riveting…
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Cooperatives & Communities
Minister urges fishermen and boda boda riders on value of SACCOs
SERERE, March 12, 2024 – As the country’s hard economy bites, the State Minister for Fisheries, Hellen Adoa has advised boda boda riders and fishermen in Serere district to form or join…
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Cooperatives & Communities
Katakwi: Best performing Emyooga SACCOs get Shs 220mln additional seed capital
KATAKWI, March 8, 2024 – Government through the Microfinance Support Center [MSC] has injected additional seed capital of Shs 220 million into 11 successful Emyooga Saving and Credit Cooperative Societies [SACCOs] in…
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Cooperatives & Communities
MADFA SACCO starts pre- AGMs in Bunyoro Sub-region
MASINDI, March 6, 2024 – Masindi District Farmers Association Savings and Credit Cooperative Organisation [MADFA SACCO] yesterday started holding pre-Annual General Meetings [pre-AGMs] in different districts in Bunyoro ahead of the main…
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Cooperatives & Communities
Kenyan SACCOs struggling to recover loans, says regulator
NAIROBI, March 5, 2024 – Savings and Credit Co-operative Organisations [SACCOs] in Kenya are owed Ksh 2.7 billion by various government agencies and private companies that approached the financial cooperatives for the…
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Cooperatives & Communities
Premier Nabbanja asked to explain allegations of fraud in PDM
KAMPALA, March 2, 2024 – The Members of Parliament have expressed concern over the alleged fraud surrounding disbursement of funds under the Parish Development Model [ PDM ] to beneficiaries across the…
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Cooperatives & Communities
UMRA protests merger, asked to present comprehensive report on achievements
KAMPALA, February 28, 2024 – The Uganda Microfinance Regulatory Authority [ UMRA ] is against the move by government to push it back to the mother Ministry of Finance, saying that its…
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