The Uganda Microfinance Support Centre has cautioned locals benefiting from government schemes against treating the programmes as rewards from the NRM government rather than as revolving funds.

Full report

The Uganda Microfinance Support Centre has cautioned locals benefiting from government schemes against treating the programmes as rewards from the NRM government rather than as revolving funds.

Patrick Opio, the Emyooga Focal Point Person under the Microfinance Support Centre in charge of Acholi and Lango sub-regions, made the remarks on Wednesday during the training of 36 group leaders for Emyooga Sacco in Kwania North County.

The financial leadership training which was held at Kwania District Council Hall in Aduku Town Council, Opio asked the Sacco leaders to include more registered groups into the Sacco, saying that every parish must produce two more new groups to benefit from the scheme in the ongoing financial year.

He urged those who have already benefited from the programme to repay the money back to the main pool to benefit other Ugandans in the line.

Emmanuel Felix Okwanga, the Kwania District Commercial Officer, said every financial year, they give Shs20 Million for the active Sacco group complying with the guidelines.

Okwanga said currently they have given out Shs1.7 Billion UGX to 36 Sacco groups under the Emyooga scheme.

Among the Sacco groups actively complying with the guidelines and doing well under Emyooga scheme are Kwania County Produce Dealers, Kwania County Mechanics, Kwania North Carpenters, Kwania Women's Entrepreneurs, Kwania Taxi Operators and others.