State minister for micro finance

Families of police officers to receive Sacco money

Families of police officers to receive Sacco money

The state minister for micro finance, Haruna Kasolo, has advised police to organize wives and husbands of police officers into Sacco groups to enable them access money to kick start their entrepreneur ambitions. According to Kasolo, government has disbursed a lot of money to people including traders, UPDF officers, farmers and others, but relatives of […]

Micro-finance minister in campaign to rid SACCOS of cheats

Micro-finance minister in campaign to rid SACCOS of cheats

The State Minister for Micro Finance, Haruna Kasolo Kyeyune has launched an operation in Kampala and Wakiso districts to search for all those managers who keep on disappearing with the savings of the members of Savings and Credit Cooperative Societies (SACCOS) groups. While meeting members of Nakasero eyeterekera cyclists and vendors SACCO at Nakasero market […]

High interest rates imposed by SACCOs discouraging more members from joining, says minister.

High interest rates imposed by SACCOs discouraging more members from joining, says minister.

State minister for Micro Finance, Haruna Kyeyune Kasolo, says that the biggest challenge faced by savings and credit societies across the country is the high interest rates imposed on members by managers and board members in the end discouraging many people from joining the savings and credit societies. The minister is currently on a country […]

State minister for Micro finance warns on diverting of SACCO funds

State minister for Micro finance warns on diverting of SACCO funds

The state minister for  micro finance Haruna  Kyeyune Kasolo has warned the staff under  the Project for Financial Inclusion in Rural Areas ( PROFIRA) in the ministry of finance  not to divert  funds meant for the building  the capacity of SACCOS  in rural areas  for their own use  because the long arm of  the law  will catch them. The […]