Breaking

Kwania Dishes out Emyooga Cash to Beneficiaries

Emyooga was launched in August 2019 by President Museveni to spur a shift from subsistence to market-oriented production. The government set aside 260 billion Shillings to bankroll the program with each constituency meant to receive 560 million shillings
Kwania district deputy RDC Faheeera Npalanyi Bbosa dishing out money to Emyooga beneficiaries (Photo by Solomon Okabo)

Audio 3



At least 4 out of 36 Savings and Credit Cooperatives-SACCOs in Kwania district have each received 30 million shillings cash under the Presidential Initiative on Job and Wealth Creation, commonly known as Emyooga.

The four SACCOs that have already met the entire requirement received the disbursement on Thursday this week, during the official launch of the SACCOs.

Emyooga was launched in August 2019 by President Museveni to spur a shift from subsistence to market-oriented production. The government set aside 260 billion Shillings to bankroll the program with each constituency meant to receive 560 million Shillings.

On January 15, 2020, the Ministry of Finance, Planning and Economic Development wired 1.2 billion Shillings to Kwania district and each of the approved SACCO groups account received 30 million.

Catherine Akello, the Kwania district Principal Commercial Officer says that the four Saccos in Kwania North constituency are part of the 36 Saccos that received the Emyooga funds in January this year. However they are yet to begin picking the money after meeting all the necessary requirements.

According to Akello, the government allocated 1.2 billion Shillings for the 36 Emyooga SACCOs in both Kwania North Constituency and Kwania Constituency, to be disbursed to 476 Associations at the parish and Sub-county levels across the district.

While disbursing the money to the Associations of Kwania North Carpenters’ SACCO, Akello asked the beneficiaries to use the money to venture into small businesses to improve on their livelihoods.

//Cue in: “Tima unu ber …

Cue out: …     improving household income.”//

Andrew Opio, the Chairperson Kwania North Carpenters’ Sacco says the Sacco which has eight Associations is grappling with poor saving culture among the members; a thing he said has retarded its progress.  He however acknowledged that four of their groups namely Teduka carpenters, Acungi carpenters, Bed-igen A and Kwania Joint Mansion received 6.7 million shillings, which they are supposed to pay back within one year at an interest rate of 8%.

He said that when the money came it took him time to convince members to take it after many refused to touch it on learning that it was a loan and not free as they thought.

Several group members who received the Emyooga cash expressed excitement. Twomo David Martin, a member of Teduka ward Carpenters workshop in Aduku Town Council says he will use the money to open up a small business that will help him improve his livelihood.

Another beneficiary Akullo Anna Grace from Bed-igen carpenter workshop from Aluka parish in Inomo Sub County said she will use the money she received from Emyooga to open up a small business that will help her cater for her family.

//Cue in: “Tini amoki iwu …

Cue out: …     dwoko otino ischool.”//

Kwania district Deputy RDC Faheeera Npalanyi Bbosa, asked the Sacco members to embrace the saving culture in order to alleviate poverty. Bbosa encourage the beneficiaries to equally embrace commercial farming to kick out poverty from their households.

//Cue in: “If you know …

Cue out: …     doing small business.”//

Emyooga cash is largely given to Ugandans in the formal sector organized in SACCOs under 18 Clusters including; Boda Boda riders, trailers, taxi drivers, restaurants, market vendors, welders, women entrepreneurs, youth leaders, people with disabilities, journalists, performing artists, veterans, fishermen, private teachers, and elected leaders.

#####