Menu
By the conclusion of the second year, recipients are expected to have paid back their loans in full plus an interest rate of 0.6%. Within a week, Resident District/City Commissioners
Haruna Kasolo, the state minister in charge of microfinance, has given Emyooga defaulters in the Amuria area a 30-day deadline to repay the outstanding amount of shillings 700 million or
According to Abdul, the government has so far granted shillings 1.78 billion under the scheme to fund 50 Emyooga SACCOS, but repayment is still inadequate.
According to Bashasha, beneficiaries who have been dreaming of launching income-generating enterprises but lack cash should be able to quickly access the funds, allowing the government to help the 39%
The transformative program aims to transition the majority of households from subsistence livelihoods to market-oriented production with a substantial 16 billion shillings payment to 553 Emyooga SACCOS.
According to Atweeta, emyooga funds have been a tremendous source of finance for hundreds of produce traders in the region, allowing many of them to enhance their lives.
According to Patrick Kitara, the Gulu district focal point person for the Emyooga program, the operation would begin with the Politicians’ group because it is one of the worst performers
According to Kampala Resident City Commissioner Aminah Lukanga, most SACCOS have failed to give a report to the government on how the money was spent, saying that the borrowed members
Women business owners who support the Presidential Initiative on Wealth and Job Creation (Emyooga) call it a lifeline since it has made it simple for them to get loans with
The minister stated that the government has finally hushed the critics who warned that the current poverty Alleviation program will fail and result in a stillbirth.