• Home
  • About
  • Join Us
  • Contact
93.3 KFM
  • Home
  • HotSeat
  • News
    • Business
    • Health
    • Sports
    • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters
  • PHOTO GALLERY
No Result
View All Result
  • Home
  • HotSeat
  • News
    • Business
    • Health
    • Sports
    • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters
  • PHOTO GALLERY
Subscribe
No Result
View All Result
93.3 KFM
No Result
View All Result
Home News National News

President Museveni Pledges support to Micro finance Institutions

David Kugonza by David Kugonza
November 11, 2018
in National News, News
0
Museveni halts increment of public servants allowances
31
VIEWS
Share on FacebookShare on Twitter

President Yoweri Museveni has promised government support to microfinance institutions in the country so as to promote saving culture among people.

During the launch Women Microfinance at Kinoni in Lwengo district yesterday president Museveni said that a big number of micro finance institutions are charging their clients high interest rates because they borrow money from commercial banks that target profits from borrowers.

Related articles

Kagame speaks out on eastern DRC conflict

Games and good governance: What is the Commonwealth?

Museveni’scommitment is in response to concerns raised over a 30 percent interest rate charged on loans offered by a women saving microfinance that he launched.

While addressing residents after launch, the president said this can be addressed by the central bank giving out money directly to microfinance institutions without passing through commercial banks.

Lwengo district chairperson George Mutabazi says that the launched micro finance bank has helped promote saving among women groups in the area.

David Kugonza

David Kugonza

Related Posts

Kagame speaks out on eastern DRC conflict

Kagame speaks out on eastern DRC conflict

by Noelyn Nassuuna
June 24, 2022
0

Rwanda President Paul Kagame has attributed the conflict in the eastern DR Congo to violation of the human rights of Congolese of Rwandan origin. While speaking...

Games and good governance: What is the Commonwealth?

Games and good governance: What is the Commonwealth?

by Noelyn Nassuuna
June 24, 2022
0

The Commonwealth, which holds its heads of government meeting in Kigali this week, spans much of the globe, looping in a third of the world's population...

Insurers urged to adopt new technology to widen market access

Insurers urged to adopt new technology to widen market access

by Noelyn Nassuuna
June 24, 2022
0

By Moses Ndhaye The Insurance Regulatory Authority has asked insurance companies to adopt new technologies that can foster wider market access. Ibrahim Lubega Kaddunabi, the Authority's...

Kenyan students arrested for torching dorm over Man U, Liverpool game

Two Rubirizi officials arrested by IGG, to appear before anti corruption court today

by Noelyn Nassuuna
June 24, 2022
0

By Benjamin Jumbe Rubirizi District Local Government Health Officer Dr. Tibenda Sete and Assistant Health Educator Ms. Jennifer Kyarimpa are scheduled to appear before the Anti-Corruption...

NUP’s Bagala retains MP seat after Minister Nabakooba fails to prove electoral malpractice

NUP’s Bagala retains MP seat after Minister Nabakooba fails to prove electoral malpractice

by Noelyn Nassuuna
June 24, 2022
0

By Ruth Anderah   The Court of Appeal has upheld the Victory of NUPs Joyce Bagala as the validly Elected Woman Member of Parliament for Mityana...

Next Post
Police arrest 80 at Bobi Wine concert

Police arrest 80 at Bobi Wine concert

UPE is not entirely free

UPE is not entirely free

Police recover four stolen vehicles in Mbale

Police recover four stolen vehicles in Mbale

CATEGORIES

  • Business
  • Entertainment News
  • Health
  • HotSeat
  • Lifestyle
  • National News
  • News
  • PHOTO GALLERY
  • Sports
  • World News
Rwanda to host 73rd Fifa Congress in March 2023

Rwanda to host 73rd Fifa Congress in March 2023

June 24, 2022
Kagame speaks out on eastern DRC conflict

Kagame speaks out on eastern DRC conflict

June 24, 2022
Games and good governance: What is the Commonwealth?

Games and good governance: What is the Commonwealth?

June 24, 2022
93.3 KFM

Kampala's #NumberOne radio station for better information and the best music ! KFM is a subsidiary of Nation Media Group;
@NationMediaGrp

© 2021.

No Result
View All Result
  • Home
  • HotSeat
  • News
    • Business
    • Health
    • Sports
    • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters

© 2021.