savings
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Cooperatives & Communities
Hope as Apac fishermen officially launch SACCO
APAC, October 13, 2023 – A section of fishermen in Ibuje Sub-county in Apac district have officially launched its SACCO with the hope that it will help boost their savings and credit…
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Cooperatives & Communities
Kwania North PWD Emyooga SACCO seeks laptops for record keeping
KWANIA, October 11, 2023 – Kwania North Persons with Disability [PWD] Emyooga SACCO is in need of a computer for effective record keeping. According to the SACCO leaders, if they can get…
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Cooperatives & Communities
Kwania SACCO struggling to recover over Shs 70mln from borrowers
KWANIA – Abany Community Development Savings and Credit Co-operative [ SACCO ] is struggling to recover about Shs 72.6 million loaned out to its members in the 2022/2023 financial year. The SACCO…
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Western
NSSF targets informal sector to boost membership and savings
MBARARA – The National Social Security Fund [ NSSF ] newly appointed managing director, Patrick Ayota, in an ongoing campaign, has encouraged employers in the informal sector to register their employees with…
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International
GWLN 2023 Empowerment Grant winners to increase financial access worldwide
MADISON, Wis —Global Women’s Leadership Network [GWLN] recently announced its 2023 Empowerment Grant winners — Enkhchimeg Nergui, Partnership Specialist, Mongolian National Confederation of Credit Unions, and Violet Ndungu, CEO, Muki SACCO [Kenya]. The two will…
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Cooperatives & Communities
Regulating large SACCOs: UCSCU drags BoU to court
KAMPALA – Uganda Cooperative Savings and Credit Union [UCSCU] has dragged Bank of Uganda [BoU] and the Attorney General to High Court in Kampala, saying the central bank does not have the…
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Northern
Lango youth urged d to embrace saving culture
KWANIA – Dr. Joseph Abraham Odongkara, the former UK Principal Commercial Judge, now the provincial secretary attached to the Diocese of West Lango, has challenged the young people in Lango Sub-region to…
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East Africa
SACCO empowers pastoralists in Kenya
NAIROBI – Over 5,000 members, mostly pastoralists, have benefited from Northern Rangelands Trust Trading [NRTT] SACCO, established by community conservancy members as a vehicle for building businesses and diversifying their livelihoods. According…
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Cooperatives & Communities
Abulomogo Maize Farmers’ SACCO embraces soybean growing, reaps big
APAC – In addition to other crops, members of Abulomogo Maize Farmers’ SACCO in Apac district have embraced the growing of soybeans to boost their savings and fight household poverty. Abulomogo Maize…
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Cooperatives & Communities
Don’t rush to become MDIs, big SACCO told
MBARARA – The chairman Besania SACCO in Mbarara Benson Nduhura has advised thriving SACCOs in western Uganda to transform into multipurpose cooperatives to boost members’ savings instead of hurrying to become microfinance…
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