• Contact Us
  • About Us
  • Advertise
  • Donate
  • Login
Watchdog Uganda
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
Watchdog Uganda
No Result
View All Result

Emyooga SACCOs blame slow loan repayment on Covid-19 

Wilfred Arinda Nsheeka by Wilfred Arinda Nsheeka
4 years ago
in National, News
1 0
MP Moses Kamuntu Mwongyera meeting Emyooga SACCO leaders in Rubanda West

MP Moses Kamuntu Mwongyera meeting Emyooga SACCO leaders in Rubanda West

ShareTweetSendShare

Emyooga Program beneficiaries in Rubanda West Constituency have cited COVID-19 lockdown as the reason why there is slow repayment of the loans they borrowed from SACCOs.

This was revealed during a stakeholders meeting in which the area Member of Parliament Moses Kamuntu Mwongyera gathered Emyooga Sacco leaders, and officers from Rubanda District Local Government, to find out the challenges affecting Emyooga program implementation.

In Greater Kabale District which includes Rubanda, Rukiga and Kabale, Kamuntu has become the second legislator to make open investigations about Emyooga program as directed by the speaker of parliament, after Kabale Municipality Mp Dr. Nicholas Kamara.

In his report, the Rubanda District Commercial Officer Mukiza Moses Nzeyimana explained that Ugx 530m was dibursed to 17 Emyooga Sacco beneficiaries begining May 2021, yet by 31st July, only 20m had been recovered as loan repayment.

Nzeyimana said his office had recommended that loan payment should be extended from four to six months as grace period for the beneficiaries whose business ventures were affected by the COVID-19 lockdown that was imposed by President Museveni in June 2021.

Nzeyimana’s report was backed by Ms Veny Nyiramugisha, Chairperson of the Women Entreprenuers’ Sacco who explained that out of 16 associations in her group, only 8 borrowed money while others feared because of the short time required to pay back the loans.

Hon. Kamuntu pledged to forward their issues to parliament when he reports back next week. He said it was bad timing that Emyooga money was released to people at a time when most of the businesses were either closed or partially affected by the COVID-19 lockdown.

Meanwhile, the chairperson of Produce dealers said the shs.30m allocated for each Emyooga Sacco was too little for his group since it is made up of many associations.

By April this 2021, Government total funding for Emyooga totalled to 200b released to 6,394 constituency based Saccos in 347 constituences of 146 districts.

MPs are expected to have finished investigations into the program by the end of Tuesday next week when they will report to the speaker about their findings.


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com
ShareTweetSendShare

Related Posts

News

New business lounge commissioned at Entebbe International Airport

4th July 2025 at 16:40
News

Jinja Hospital Boss Dr. Yayi Calls for Improved Maternal and Child Health Services To Curb Birth Asphyxia

4th July 2025 at 16:36
Steven Dunstan Busuulwa
News

ANOTHER MILESTONE ACHIEVED! Seasoned journalist Steven Dunstan Busuulwa graduates with Masters Degree

4th July 2025 at 16:30
Next Post
MP Nsaba Buturo

Stop voting people into political offices basing on tribe, religion- Former Minister Nsaba Buturo cautions Ugandans

  • Prostitution in Uganda- Courtesy Photo

    10 dangerous hotspots known for prostitutes in Kampala

    1108 shares
    Share 443 Tweet 277
  • LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

    2285 shares
    Share 914 Tweet 571
  • Uganda’s Billionaires 2025: Once Again Sudhir Ruparelia Leads a Resilient Pack

    42 shares
    Share 17 Tweet 11
  • LIST : Gov’t releases Revised Salary Structure for Teachers, Police, and Prisons Staff for FY 2024/2025

    119 shares
    Share 48 Tweet 30
  • Silent Billionaire Bosco Muwonge Buys Mukwano Arcade at UGX 250 Billion Cash Down

    21 shares
    Share 8 Tweet 5
Facebook Twitter

Contact Information

Watchdog Uganda is a portal for solution journalism, trending news plus cutting edge commentaries in the fields of politics, security, business, tourism, entertainment, technology, agriculture, climate change, environment, public health et al. We also give preference to Ugandan community news and topical discussions. The portal also publishes community news and topical discussions.

Email: editorial@watchdoguganda.com
To Advertise:Click here

Latest News

New business lounge commissioned at Entebbe International Airport

4th July 2025 at 16:40

Jinja Hospital Boss Dr. Yayi Calls for Improved Maternal and Child Health Services To Curb Birth Asphyxia

4th July 2025 at 16:36

Check out

  • Trending
  • Comments
  • Latest
Minister Muruli Mukasa

LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

24th May 2020 at 10:45
Pregnant woman

Shock as 17-year old boy impregnates his two sisters during Covid-19 lockdown 

17th June 2020 at 08:17
Sudhir Ruparelia is set to speak at business forum in United Kingdom

Billionaire Sudhir’s wisdom on how to invest in real estate

0

How a boy’s destiny turned from cotton grower to communications guru

0

New business lounge commissioned at Entebbe International Airport

4th July 2025 at 16:40

Jinja Hospital Boss Dr. Yayi Calls for Improved Maternal and Child Health Services To Curb Birth Asphyxia

4th July 2025 at 16:36

© 2025 Watchdog Uganda

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News

© 2025 Watchdog Uganda