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Hon. Sowedi Kitanywa, the Busongora North legislator in Kasese has warned village savings and credit groups against sharing their savings to service their Xmas demands but invest it to improve their livelihoods.
Hon. Sowedi who appreciated the locals for the savings culture being promoted, was however concerned that sharing the savings to service their Christmas demands was a total frustration of development plans.
He proposes that the savings be reinvested in other income generating ventures for improved livelihoods. Hon. Sowedi Speaking…
Hon. Sowedi gave an example of the great Ankole that had established banks out of Saccos. END.