Finance

Microfinance Support Centre Seeks UGX 300b To support saving schemes

by URN
The Microfinance support centre has also called on Parliament to allocate money to set up the savings protection fund
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The Uganda Microfinance Support Centre needs up to UGX313 billion to cushion microfinance institutions from the effects of the lockdown, occasioned by the outbreak of coronavirus disease.Peter Mujuni, the Executive Director of the centre, said the money would support up to 14,800 Village Savings and Loan Associations (VSLAs), 1,749 Savings and Credits Cooperative Societies (SACCOS). Collectiv

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