Government Launches Fund to Support SACCO Digitization

Source: New Vision – Economy
Date: May 11, 2025

Excerpt:

The Ugandan government has launched a UGX 10 billion fund to accelerate the digitization of Savings and Credit Cooperative Organizations (SACCOs) across the country. This initiative is expected to improve record-keeping, transparency, and access to affordable credit in rural communities. The Minister of Trade emphasized that digital tools are key to transforming grassroots economies.

Why This Matters to Nakayojo SACCO Members:
This fund could open up new opportunities for Nakayojo People’s SACCO to implement better digital systems and offer more seamless services to our members. It aligns perfectly with our goal of embracing technology for efficiency and member satisfaction.

We encourage all members to stay informed as we explore options to benefit from this fund and enhance our SACCO’s infrastructure.