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Bukenya opens SACCOS in Luuka

By Vision Reporter

Added 2nd May 2011 03:00 AM

VICE-president Prof. Gilbert Bukenya has launched a Savings and Credit Co-operative (SACCOS) in Irongo sub-county, Luuka district.

By Jeff A Lule

VICE-president Prof. Gilbert Bukenya has launched a Savings and Credit Co-operative (SACCOS) in Irongo sub-county, Luuka district.

Bukenya said the new cooperative ‘Mutukula SACCOS’ would fight poverty and increase food production among the people.

“Government has decided to launch this initiative because we are satisfied it can bring change in the economic development,” he said.

Bukenya said the government was supporting organised farmers in rural areas to increase food production to address the problem of food security, which has become a national concern.

He said in a speech delivered by the state minister for microfinance, Ruth Nankabirwa, at the launch yesterday.

Bukenya opens SACCOS in Luuka

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