BUTUURO SACCO MEMBERS INVEST 50% OF THEIR DIVIDENDS TO BOOST SACCO AMIDST COVID 19

By Wilber Muhwezi Kasibante

www.mknewslink.com

In Bushenyi

Butuuro SACCO delegates have today agreed to buy 50% shares of each member’s dividends in order to refinance the SACCO because of the ongoing problems of COVID 19.

This was decided in Annual General meeting held at Plus Two high School in Nyakabirizi Bushenyi town.

Before COVID19 members would use the dividends depending on personal decision but they have not decided to use the dividends to refinance the SACCO.

The board chairperson Benson Barigye called upon members to buy more shares and pay their loans in time in order to solve the COVID19 related problems.

Kyabugimbi SACCO was approved as fully fledged branch for Butuuro SACCO after fulfilling the requirements.

Joan Bishanga was accepted by the board to serve as a member of supervisory after Ms Ketrah Katusiime retired before her term expired.

Birungi and co. advocates were appointed the lawyer for the SACCO for two years.

www.mknewslink.com a greater western Uganda news website
Email: wmuhwezi75@gmail.com
Tel: +256702680106