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Manafwa residents and Bugisu at large have been urged to embrace savings.

31 January, 2024

Manafwa residents and Bugisu at large have been urged to embrace savings in order to improve household income.

The call was made by Robert Bulolo the chairperson Kabaale Savings and Credit Farmers Association during the disbursement of member savings and profits.

Bulolo says the association located in Kabaale market, Nangalwe Sub County was established with the aim of fighting poverty amongst communities through savings. With over 2,000 members in Manafwa, Namisindwa, Bududa, Sironko and Mbale Districts. The association had saved 850million shillings with the one of the members having savings of over 47 million shillings.

Nambuya Agnes and Stephen Musimami both members in the association says they have been able to pay their children’s school fees and engage in other development projects through accessing cheap credit.

Caroline Khatoko, the woman councilor representing Khabutoola Parish at Khabutoola Sub County said the association has promoted a savings culture among residents.

Chris Matembu Wataka a professional accountant and former Parliamentary contestant for Bubulo West Constituency applauded the association leadership for the progress so far registered. Matembu promised to support their cause of fighting poverty at household level.

By: Micah Namunyu