Creation of a VSLA Groups Composed Cooperative

Area of Intervention: Microfinance

Project: Support for the creation of a Savings And Credit Cooperative (SACCO) solely composed of VSLA groups in the Sironko District

Seeds main activities:

1) To mobilize all 132 VSLA groups created, trained and monitored over the past 4 years in the Sironko District with NEW Foundation.

2) To provide its governing  board with a training on business techniques, cooperative functioning and best fundraising practices,

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Support for the Development of Kyalule Cooperative

Area of Intervention: Microfinance

Project: Support for the development of a Savings And Credit Cooperative (SACCO) already established in the Sironko District. 

Seeds main activities:

1) To provide the members and the board with a 3 months long training on business techniques, cooperative functioning and good-practices on fundraising,

2) The donation of a laptop computer in order to digitalise their books,

3) A low interest-rate loan to finance the purchase of a solar panels system capable of providing power for the proper functioning of the SACCO.