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98 Village Savings Groups Empowered with Seed Capital in Soroti City

Emmanuel Okol
2 Min Read
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Summary:

  • Elizabeth Aguti, the chairperson of Ojingai Liber Women’s Group, hopes that the additional capital will boost their borrowing capacity.

SOROTI: A total of 98 village savings groups in Arapai ward, Soroti City West Division, have received seed capital from David Calvin Echodu.

The seed capital was distributed to the groups on Monday.

Echodu stated that he spent over 30 million shillings to encourage the groups to continue saving and to help them rise out of poverty.

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The groups are from all eight cells in Arapai ward: Awasi A, Awasi B, Agule, Ojingai, Mugana A, Mugana B, Obutei A, and Obutei B.

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Echodu urged the people of Arapai to unite and form groups to develop their families.

He told the crowd that the startup capital is just the beginning of his partnership with the people of Soroti City.

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Christine Akiteng, one of the beneficiaries, thanked Echodu for his support and pledged to use the money for business and to pay school fees.

Elizabeth Aguti, the chairperson of Ojingai Liber Women’s Group, hopes that the additional capital will boost their borrowing capacity.

“Now that we have received the money, the stress of struggling to borrow less money is going to reduce,” Aguti said.

However, Simon Peter Epoku, the LC1 of Awasi cell, urged the women beneficiaries to save, multiply, and follow their enterprises. He appealed to Echodu to continue supporting the community with seed capital to eradicate poverty in families.

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