FORMER MINISTER KAROORO PLEDGES TO LOBBY INVESTORS FOR BUTUURO SACCO

By Wilber Muhwezi Kasibante

www.mknewslink.com

In Kampala/ Bushenyi—

Former woman MP for Bushenyi district Mary Karooro Okurut has pledged to mobilise at least 5 investors who can buy 1000 shares from Butuuro SACCO.

Karooro made the pledge while speaking as a chief guest at an investors’ dinner organized by Butuuro SACCO on 12^th Dec. 2021 at Eureka hotel Ntinda Kampala.

The dinner was attended by over 150 people and over 80 of them committed themselves to buying 1000 shares each at 10000 shillings.

Prof. Eli Rwakishaya Katunguka who was the guest of honor expressed his satisfaction with Butuuro and advised the guests to always pay back their loans in time.

Some of the people who attended the investors’ dinner

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The board of directors chairperson Benson Barigye Mbugane revealed that the Sacco has 44 large shareholders.

He added that their main plan this year is to grow the large shareholders to 100 people from current 44

He noted that in the next five years, they will graduate the Sacco into an MDI

According to Peter Tumuhimbise the SACCO general manager, the SACCO will continue to conduct more investors’ dinners and this time around in Mbarara city or Bushenyi Ishaka municipality.

He thanked all the people that attended Kampala investors’ dinner adding that without their presence, the dinner wouldn’t have been a success.

The general manager urged all everyone to join Butuuro SACCO as they prepare to transit from a SACCO to an MDI.

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