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The SACCOs has advised its over 700 members to invest in both human resource development and financial input.


KAMPALA - The Uganda Empowered Young Women’s Co-operative Savings and Credit Society Limited (UEYOWOSA) in Kampala central division has held its initial Annual General Meeting (AGM) at its Wandegeya offices.

The SACCOs has advised its over 700 members to invest in both human resource development and financial input.

During the occasion that took place on Saturday at its Wandegeya offices, the members of the newly appointed board of governors, were strongly encouraged to support the SACCO to ensure the smooth running of organisation’s business.

The SACCOS is a brainchild of the Presidential initiative in Skilling the girl child programme that President Yoweri Museveni inaugurated in May 2017 at Wandegeya Market.

The Wandegeya group is part 4,098 females in six centres of Kampala subway, Luzira, Ntinda, Mutundwe and Nakulabye.

According to a release from State House, the President’s private secretary on Women Affairs and Entrepreneurship, Princess Nassolo Pauline, presided over the event on behalf of State House Comptroller, Lucy Nakyoobe.

Nassolo  emphasised the need for training, teamwork and equipping the human resource with the necessary knowledge.

"Prosperity of any business venture is vested in reliable human resource that is committed to work alongside the available limited financial resources," she said.

She called on young entrepreneurs to guide each other in business to ensure quality of items for profit maximization and business growth.

She also advised young women entrepreneurs to be more hardworking in their areas of investment when they are still energetic.

In her report, the chairperson of the SACCOS, Nakasujja Irene, appealed for more funding and for more training programmes.

She called on already skilled members to start up businesses that will create employment opportunities.

 

Source: www.newvision.co.ug/new_vision/news/1474133/women-saccos-wandegeya-hold-agm

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