Rubirizi,Uganda – Kyamuhunga People’s Sacco (KYAPS) leaders have called on members to uphold sacco values and increase membership, share capital, savings, and loan portfolio to boost economic development. The appeal was made during the Pre-Annual General Meeting for Katerera branch, held at Katerera playground.
General Manager Mr. Atwijukire Johnbosco cautioned members against multi-borrowing and misusing loans, emphasizing the need for clear plans before requesting funds. He appreciated members who repay loans, highlighting the impact on sacco growth and financial inclusion.
KYAPS has 59,454 members, with total savings of 25 billion shillings and outstanding loans of 54 billion shillings. The sacco has empowered youth, elderly, and women through loans, reducing unemployment and crime rates.
Story By: Tugume Muzafaru
Contact :0702269259
