GREATER BUSHENYI TEACHERS BRIEFED ON IMPORTANCE OF SACCOS

By Domisiano Ayebare
www.mknewslink.com
In Bushenyi
Teachers in Greater Bushenyi have been urged to join SACCOs in order to make profits.
This was sounded by the chairman board Greater Bushenyi Teachers SACCO Kodon Kafaku yesterday in SACCO’s 17th Annual General Meeting held at multi purpose hall in Bushenyi Ishaka municipality.
Kafaku noted that the SACCO is determined to help teachers to develop through to providing them with loans for school fees ,agriculture and other investments.
The Chairman boasted that 2300 members have benefited from the SACCO through starting their own businesses , starting their own schools and setting up their own firms all from the SACCO’s savings.
He revealed that the SACCO plans to have its own buildings by buying plots of land and developing them to bring in more profits to the SACCO.
Musimenta Benon who is the SACCO general manager noted that the sacco is doing well ,where customers receive their loans in only 24 hours after the process their loan documents.
regular savers and best share holders were awarded with gifts at the end of the meeting.