SAVING AND CREDIT COOPERATIVE / SACCO
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,
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.