Kampala, Uganda | THE INDEPENDENT | A year since the commencement of the Presidential Initiative on Wealth Creation dubbed Emyooga, the initiative has so far disbursed Shs 200 billion to SACCOs for online disbursement to the parish-based group. However, many would be beneficiaries say they have not yet received the money, …
Read More »Teachers relief funds will go directly to individual SACCOs
Kampala, Uganda | THE INDEPENDENT | The executive director at Microfinance Support Centre, John Peter Mujuni has said that each teachers’ SACCO will directly get its money. President Yoweri Kaguta Museveni pledged to avail 2 billion shillings to the revolving fund from which teachers could get loans to create side …
Read More »Islamic micro-finance gains momentum
Kampala, Uganda | THE INDEPENDENT | John Peter Mujuni is the Executive Director of Micro finance Support Centre, a government institution charged with providing affordable financing to SMEs. He spoke to Joseph Bahingwire about their new financial services linked to Shariah law. How has been the uptake of Islamic Micro Financing …
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