Microfinance Support Centre Board Chairman Bitter Over Unspent Emyooga Funds

By Peter Abanabasazi
Dr Emanuel Aliba Kiiza, the board chairman of the Microfinance Support Centre (MSC) has directed, all district Emyooga task forces to find a way of sorting out challenges affecting the implementation of Emyooga program.

Dr. Kiiza who is currently on the country wide tour to ascertain the success and challenges faced with the program after one year of it’s implementation held a meeting with Kikuube district leadership.

During the interaction, Dr. Kiiza expressed concern that in the areas he has so far visited, millions of funds for Emyooga are yet to be disbursed to beneficiaries.

According to him, most of the SACCOs have not yet accessed the funds due to delayed release of certificates and lack of saving by SACCO members among others issues.

He says that the district Emyooga task force should find means of addressing these challenges adding that the program was initiated to help the citizen to create job and wealth.

He advises the taskforces which are headed by RDCs meet the SACCO members to find means of relaxing on the condition of saving 30%.

Recommended For You

About the Author: spice