Summary:
- Kenneth Rwego, the Executive Director of Eden Mission, handed over a symbolic cheque to the SACCOs, stating that the funds were provided at a highly favorable interest rate of 1 percent per month to boost the financial stability and growth of these institutions.
KISORO: Eden Mission has extended generous support amounting to 66.7 million Ugandan Shillings to two SACCOs in Chahafi Town Council, aimed at enhancing the financial stability of their members.
The two SACCOs benefiting from these funds are Chibumba and Nyabitare, both located in Chahafi Town Council, Kisoro District.
During a ceremony held at Gakoro Church of Uganda in Chahafi on Tuesday, the SACCOs were presented with a cheque totaling 66.75 million Shillings.
Kenneth Rwego, the Executive Director of Eden Mission, handed over a symbolic cheque to the SACCOs, stating that the funds were provided at a highly favorable interest rate of 1 percent per month to boost the financial stability and growth of these institutions.
He expressed his hope that this support would help lift people into a money economy, particularly by empowering couples.
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Grace Akampurira Mutabazi, Eden Mission’s Coordinator for the Kigezi Region, noted that Eden Mission had also trained couples in various life skills, providing members with essential tools for personal and family development.
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Beneficiaries expressed their gratitude for the financial support and the training they received.
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Nkunzimana Hadad, Mayor of Chahafi Town Council, stated that the funds would help beneficiaries develop alongside the Parish Development Model funds.
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