Rakai boss launches Kacheera savings scheme
Feb 13, 2007
RAKAI LC5 chairman vincent Semakula has launched the Kacheera savings and Credit Cooperative society urging members to pay back their loans in order to access the Bonna Bagaggawale funds.
By Ali Mambule
RAKAI LC5 chairman vincent Semakula has launched the Kacheera savings and Credit Cooperative society urging members to pay back their loans in order to access the Bonna Bagaggawale funds.
Semakula explained that cooperative societies were not charitable organisations that give out money.
He urged Kacheera residents to register as members in the micro-finance organisation to enable it access more funding from the Government and other charities.
Semakula commended the Lutheran World Federation for sensitising the 79 members of the micro-finance.
RAKAI LC5 chairman vincent Semakula has launched the Kacheera savings and Credit Cooperative society urging members to pay back their loans in order to access the Bonna Bagaggawale funds.
Semakula explained that cooperative societies were not charitable organisations that give out money.
He urged Kacheera residents to register as members in the micro-finance organisation to enable it access more funding from the Government and other charities.
Semakula commended the Lutheran World Federation for sensitising the 79 members of the micro-finance.