Members Get SACCO Managerial Training

GULU – At least 80 members of Savings and Credit co-operatives from 17 rural groups, with little or no managerial skills of their own, have received training in managing SACCOs formed under the Presidential Initiative On Job And Wealth Creation, Emyooga.

The training conducted by the Microfinance Support Center, MSC, in Gulu district council hall on April 22, 2021, attracted five members from each of the groups.

Kevin Atimango, the MSC Client Relation Officer, took the trainees through the action plans they need to take before members can access their money.

https://thecooperator.news/trainings-key-to-growth-cooperatives-boss/

The trainees are expected to train other group members, mobilize savings, hold an annual general meeting, open an office and activate their SACCO accounts.

“The money for office rent should come from the members’ savings, not the Emyooga cash. That is why it is important for you to encourage members to pay their membership and subscription fees,” Atimango said.

Gulu district received Shs 560 million two months ago but money is still lying on the constituency bank account.

Gulu Resident City Commissioner, Stephen Odong Latek, encouraged the trainees to work like they are competing for a top prize to grow their SACCOs and become role models.

“After eight years we should have a billion shillings out of this money in your account and even qualify to become a bank,” Latek said.

Latek explained that if groups worked hard, they will be saved from the claws of bureaucracies and expenses involved in borrowing money from other financial institutions.

“We are doing this to save you from the very tedious and expensive processes of borrowing money from banks, whereby when you apply for a million shillings, you end up getting only Shs 700,000 because some of it is deducted for other costs,” Latek said.

Latek also warned people spreading rumors that the Emyooga cash is free money that should be shared by members. He said he will arrest anyone who squanders the money.

“This money was not a bribe for you to vote the NRM as some of you are speculating, it is for you to multiply it and improve your livelihood.”

“I’m telling you now that whoever spearheads the misuse of this money will be jailed. Every decision or action regarding this money has to be made by the group, and with due regard to the laws of the SACCO, not by an individual. Falsification of documents and signatures will not be entertained,” he said.

The RDC said for SACCOs to grow, members should borrow the money with the aim of multiplying it, not to host visitors, friends, or to buy household items.

Samuel Baker Okello, the chairperson of the Aswa Tailors’ SACCO, said the training had given him a clear picture of how to steer the group.

“I now know the requirements we need to fulfill before we can access the money. This has been unclear for long,” Okello told theCooperator after the training, adding that, “it will also help me convince other members to pay up their membership and subscription fees, which has not been easy.”

Okello revealed that only seven members of his group have paid up.

Patrick Kitara, the focal person for Emyooga in Gulu district, said during a talk show organized by The Uhuru Institute for Social Development on Mega FM, a day before the training, that SACCO members should pay up the required fees, and abandon the belief that the money is free for all.

“Those who did not pay up are the ones causing confusion. Some groups have 30 members but you find that only 5 or 10 members have paid the fees. Now they have heard that the money is available and want to come and be active. But as long as they have not paid the money, they can’t benefit from it,” Kitara said

Emyooga was launched in August 2019, by President Museveni to enable beneficiaries shift from subsistence to market-oriented production.

The government has earmarked Shs 260 billion for the program, with each constituency getting Shs 560 million.

Buy your copy of thecooperator magazine from one of our country- wide vending points or an e-copy on emag.thecooperator.news

The post Members Get SACCO Managerial Training appeared first on The Cooperator News.

Prioritise cooperatives for power connection- Min. Ssempijja

The Minister for Agriculture, Animal Industry and Fisheries (MAAIF), Hon. Vincent Bamulangaki Ssempijja has urged the Ministry of Energy and Mineral Development to prioritize the connection of cooperative-owned businesses to the power grid.

Bamulangaki made the appeal during his visit to Aratarach Cassava Cooperative Society in Nebbi district.

“The cooperative is doing commendable work by employing over 40% youths, but it is still producing at low capacity due to lack of access to electricity and water. This issue needs to be addressed at the national level,” he said.

The minister revealed that the Aratarach Cassava Cooperative Society is one of five cassava cooperative societies in the Nebbi district being implemented under the Agricultural Cluster Development Program (ACDP) championed by MAAIF.

Last year, the Ministry of Agriculture Animal Industry and Fisheries (MAAIF), with funding from the World Bank, funded the construction of five mini cassava factories in Nebbi district. However, the factories have since faced ongoing power and water connection challenges due to their remote locations.

A case in point is Aratarach cassava cooperative society, a rural-based cooperative society operating in the remote sub-county of Kucwiny in Nebbi district, 8 kilometers from the nearest electricity power supply line.

According to Gerald Ongwech, the Chairperson, Aratarach Cassava Cooperative, the co-op was formed by former Functional Adult Literacy members (FAL) in the year 2001.

“It started with 31 fully registered group members but became a cooperative in 2013 with over 700 members, each of whom paid Shs 10,000 in membership fees.

Lost opportunities

Ongwech says the lack of access to the national grid is affecting the cooperative’s ability to add value to the cassava flour, which he says has a ready market.

“Much as we have a ready market for our cassava flour, the cooperative’s production capacity is limited due to the high cost of running it on generator power,” Ongwech said.

Already, the co-op has lost some potential clients due to its power challenges.

“We were approached by t Uganda Breweries Limited to supply them with 200 metric tonnes of cassava four per week, but had to shun the offer due to our current incapacity to meet the demand,” intimated Ongeyowun Innocent, the society’s Production Manager.

As a result, the co-op has, for now, limited itself to producing for the local market.

“We urge the government to connect the cooperative with electricity and water to run the cassava factory which is a source of employment to youths and widows,” Ongeyowun said.

One such member, Paska Unwangbanga, was all praises for the cooperative which, she says, has enabled her to meet her family’s daily needs, and pay her children’s school fees.

“The cooperative provides members with loans at affordable interest rates. It also employs some of the members and ensures our cassava is bought right from the plantation site,” she said.

Joyce Piwa, the focal person for ACDP Nebbi district, confirmed that most cooperatives in the district are hamstrung in their operations by lack of water and electricity.

“Government should consider promoting cooperative activities as one of the tools to eradicate poverty at the community level for socio-economic transformation,” she said.

Connection imminent

During his visit to the cooperative’s factory, Minister Bamulangaki promised that government would soon resolve the area’s power issues as the Karuma dam nears completion.

“The power scarcity in West Nile is temporary; very soon the region will be connected with power from Karuma dam, with a substation being constructed at Olwiyo in Nwoya district,” Bamulangaki said.

He urged the cooperative management to negotiate with the ministry of trade for marketability such that the cooperative products be known to the global market.

Buy your copy of thecooperator magazine from one of our country- wide vending points or an e-copy on emag.thecooperator.news

The post Prioritise cooperatives for power connection- Min. Ssempijja appeared first on The Cooperator News.

Masindi women tipped on growing their SACCOs, SMEs

Women belonging to different women’s SACCOs and savings groups, as well as owners of small and medium enterprises (SMEs) in Masindi district have been trained on how to manage and grow then from one level to the next.

The one-day training was conducted by the All-in-One Women’s Association (ALOWA) at Kolping hotel in Masindi on Wednesday.

Godfrey Bahemuka, the Masindi district Community Development Officer (CDO), sensitized participants on the processes and procedures of forming SACCOs and savings groups, and on the roles of the elected leaders.

“As members, you should always know the vision, mission, and objectives of your groups and SACCOs. Most of you don’t know these things and yet they are key. That’s why many of your groups and SACCOs don’t last,” explained Bahemuka.

He also underscored the need for proper record keeping in all organizations involved in savings and credit, noting that this documentation is necessary for accountability.

The members were also taken through group conflict management and basic financial literacy.

Bahemuka also advised the leaders of different women groups to make use of the available government programs like the Uganda Women Entrepreneurship Program (UWEP) and Emyooga to get capital for their businesses.

Unite purposefully

Lilian Namirimu, the Executive Director, ALOWA urged women to unite with a purpose, and not only plan to come together when the government is planning to give out funds.

” As women, we need to work together and not in isolation. We shall achieve our targets if we are united,” Namirimu said, adding that unity would give them greater bargaining power in lobbying for their interests.

Namirimu said the association decided to extend this training to women because of the important role they play in promoting social and economic development.

Florence Achiro, the Chairperson, Women of Worth Catering Group, commended ALOWA for organizing the training.

“The knowledge we have acquired will enable us to improve on the management of our groups and businesses.”

Stella Alinaitwe from Masindi Central Market Vendors SACCO appealed for further training opportunities from other organizations.

“We really have inadequate knowledge on how to run these SACCOs. We need more training like this to equip us with the necessary information to grow our SACCOs and businesses.”

The meeting was attended by market vendors, produce dealers, and women leaders, among others.

Buy your copy of thecooperator magazine from one of our country- wide vending points or an e-copy on emag.thecooperator.news

The post Masindi women tipped on growing their SACCOs, SMEs appeared first on The Cooperator News.