By Enos Masereka,
Microfinance institutions offering savings and credit services have significantly improved the lives of their members.
One example is Kaha Development SACCO, based in Kabafu village, Isango sub-county, Kasese district, which has had a notable impact on the livelihoods of its members.
Mr. Musohera stated that the SACCO’s primary objective is to empower families through income-generating activities and savings, with the ultimate goal of eradicating poverty at the household level.
The SACCO’s current savings have reached 66 million shillings, and members benefit from accessible soft loans that help them pay school fees and meet other essential family needs. Mr. Musohera speaking…
Hon. Florence Kabugho, the Kasese District Woman Member of Parliament, who visited the Sacco over the weekend commended Kaha Development SACCO members for coming together to provide affordable soft loans with reduced interest rates.
In a show of support, she donated 1 million shillings to the SACCO and pledged to provide a computer to enhance record-keeping and administrative efficiency. Hon. Florence speaking…
She warned the Sacco Executive against swindling of members savings. END.