Team Rwenzori Square SACCO was launched over the weekend with the aim of improving saving skills, creating opportunities to enhance businesses, and eradicating unemployment for development.
This Team Rwenzori Square is said to comprise men and women who converge at Nyakato Jovia’s enjoyable center, where the idea of forming a SACCO was introduced and started by 3 members this year.
Deo Masereka Mutooro explains the genesis of their SACCO formation.
Baluku Willy, Secretary for Team Rwenzori Sacco, showcased some of the challenges facing their SACCO and a budget worth 18,550,000/= needed to run their SACCO.
While addressing the SACCO members, the chief guest asked members to focus on respect and discipline with money.
He urged them to set a new goal of business orientation that differs from other SACCOs to benefit from their initiative.
Some of the participating members applauded their SACCO leadership and called for unity, focus, and cooperation if they are to develop together.
Ugandan leaders have been encouraging people to form SACCOs for easy and quick support and as a way of eradicating poverty, unemployment, and other issues.
