By Watchdog reporter
Ugandan President Yoweri Museveni has said the ruling party, the National Resistance Movement (NRM), will create Savings and Credit Cooperative Organizations (SACCOs), in every district.
The president assured NRM mobilisers that he will extend every support necessary to their operationalization.
The NRM chairman noted that those SACCOs will go a long way in helping NRM members to save and borrow funds enable them realize the smooth running of their diverse businesses. He also noted that the SACCOs will serve the interests of the many rather than handling individual interests.
“When we were in Kyankwanzi with your MPs, we suggested that you make SACCOs per district where you can borrow money and save.
Therefore, I will support those SACCOs and they will be dedicated to NRM members, leaders and mobilizers,” he said.
President Museveni made the remarks on Tuesday at State House, Entebbe while meeting more than 300 NRM mobilisers from across the country. The mobilisers presented him the challenges that they face such as lack of capital to start their own businesses.
Museveni revealed that big districts like Wakiso, Kampala, Arua among others, could have SACCOs at County level. He urged the unemployed NRM youth to join the Uganda People’s Defence Forces and the Uganda Police Force as well as other government and private sectors.
The President assured the disabled persons who need special care that they will also be given help through their districts.