Bushenyi, Uganda – Kyamuhunga Peoples Sacco (KYAPS) honored its best clients and founders at its 26th Annual General Meeting (AGM) for their contributions as ambassadors of the organization.
The meeting was held at the Kyamuhunga Catholic Parish in Kyamuhunga Town Council, Bushenyi District, on Saturday, March 29, 2025.
Addressing the attendees, Mr. Turyamureeba Paul Kahigi, Chairperson of the Board, thanked members for their support and encouraged them to maintain a strong savings culture for sustainable development.
He praised the Sacco’s role in boosting farmers’ incomes, enabling them to educate their children and meet their basic needs.
He urged young people to join the Sacco to improve their economic prospects and reduce unemployment, highlighting the availability of loans for boda boda (motorcycle taxi) businesses.
Mr. Atwizukire John Bosco, KYAPS General Manager, reported that the Sacco has 52,666 members, with a share capital of Shs 9.75 billion and savings exceeding Shs 13.7 billion.
He outlined the Sacco’s strategic plans for 2025, including enhancing member satisfaction, increasing membership, mobilizing savings, ensuring financial stability, strengthening governance structures, and building a robust capital base.
The Chief Guest, Mr. Mpakyibi Robert (Assistant Commissioner of the Registrar), commended the Sacco leadership for its positive community impact.
He challenged the leaders to be self-driven, role models, passionate, determined, collaborative, transparent, and to uphold the Sacco’s core principles for sustainable development.
End.
