{"id":41371,"date":"2019-05-01T08:31:07","date_gmt":"2019-05-01T05:31:07","guid":{"rendered":"http:\/\/kfm.co.ug\/?p=41371"},"modified":"2019-04-30T18:48:03","modified_gmt":"2019-04-30T15:48:03","slug":"ugandans-resort-to-village-saccos","status":"publish","type":"post","link":"https:\/\/www.kfm.dembefm.ug\/staging_h\/ugandans-resort-to-village-saccos\/","title":{"rendered":"Ugandans resort to village SACCO&#8217;s"},"content":{"rendered":"<p class=\"yiv4676268829msonormal\" style=\"line-height: 115%; margin: 0in 0in 10.0pt 0in;\"><em><strong><span style=\"font-size: 16.0pt; line-height: 115%; font-family: 'Arial','sans-serif';\">By Benjamin Jumbe<span style=\"background-color: #d5d5d5;\">.<\/span><\/span><\/strong><\/em><\/p>\n<p class=\"yiv4676268829msonormal\" style=\"line-height: 115%; margin: 0in 0in 10.0pt 0in;\"><span style=\"font-size: 16.0pt; line-height: 115%; font-family: 'Arial','sans-serif';\">A new report by Twaweza reveals that 6% of Ugandans are now taking loans from community saving groups (SACCO) and mobile money account services.\u00a0<\/span><\/p>\n<p class=\"yiv4676268829msonormal\" style=\"line-height: 115%; margin: 0in 0in 10.0pt 0in;\"><span style=\"font-size: 16.0pt; line-height: 115%; font-family: 'Arial','sans-serif';\">Reading the report finding today, Maries Nanyanzi from Twaweza noted that this has left fewer people at 4 % taking loans from the commercial banks.<\/span><\/p>\n<p class=\"yiv4676268829msonormal\" style=\"line-height: 115%; margin: 0in 0in 10.0pt 0in;\"><span style=\"font-size: 16.0pt; line-height: 115%; font-family: 'Arial','sans-serif';\">She said most of the respondents interviewed attributed the shift from banks to SACCO&#8217;S, and mobile money to the ease associated with acquisition of loans as compared to banks.<\/span><\/p>\n<p class=\"yiv4676268829msonormal\" style=\"line-height: 115%; margin: 0in 0in 10.0pt 0in;\"><span style=\"font-size: 16.0pt; line-height: 115%; font-family: 'Arial','sans-serif';\">\u00a0Most of the loans taken are soft loans meant to cover school fees, medical bills among other social services needed by mainly the poor Ugandans.<\/span><\/p>\n<p class=\"yiv4676268829msonormal\" style=\"line-height: 115%; margin: 0in 0in 10.0pt 0in;\"><span style=\"font-size: 16.0pt; line-height: 115%; font-family: 'Arial','sans-serif';\">The findings were carried out between <b>2017\/18<\/b> across the country.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Benjamin Jumbe. A new report by Twaweza reveals that 6% of Ugandans are now taking loans from community saving groups (SACCO) and mobile money account services.\u00a0 Reading the report finding today, Maries Nanyanzi from Twaweza noted that this has left fewer people at 4 % taking loans from the commercial banks. She said most of the respondents interviewed attributed the shift from banks to SACCO&#8217;S, and mobile money to the ease associated with acquisition of loans as compared to banks. \u00a0Most of the loans taken are soft loans meant to cover school fees, medical bills among other social services needed by mainly the poor Ugandans. The findings were carried out between 2017\/18 across the country.<\/p>\n","protected":false},"author":12,"featured_media":41375,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"episode_type":"","audio_file":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","date_recorded":"","explicit":"","block":"","filesize_raw":"","jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[134,7],"tags":[],"class_list":["post-41371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national-news-news","category-news"],"_links":{"self":[{"href":"https:\/\/www.kfm.dembefm.ug\/staging_h\/wp-json\/wp\/v2\/posts\/41371"}],"collection":[{"href":"https:\/\/www.kfm.dembefm.ug\/staging_h\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kfm.dembefm.ug\/staging_h\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kfm.dembefm.ug\/staging_h\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kfm.dembefm.ug\/staging_h\/wp-json\/wp\/v2\/comments?post=41371"}],"version-history":[{"count":0,"href":"https:\/\/www.kfm.dembefm.ug\/staging_h\/wp-json\/wp\/v2\/posts\/41371\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kfm.dembefm.ug\/staging_h\/wp-json\/wp\/v2\/media\/41375"}],"wp:attachment":[{"href":"https:\/\/www.kfm.dembefm.ug\/staging_h\/wp-json\/wp\/v2\/media?parent=41371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kfm.dembefm.ug\/staging_h\/wp-json\/wp\/v2\/categories?post=41371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kfm.dembefm.ug\/staging_h\/wp-json\/wp\/v2\/tags?post=41371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}