Umurenge Saccos should be facilitated to make a difference

When the government launched a campaign to mobilize citizens to form grassroots-based savings and credit cooperatives, otherwise known as Umurenge Saccos, in 2009, the initiative was largely greeted with skepticism as result of the earlier mismanaged and, consequently bankrupted, Micro Finance Institutions.Less than two years down the road, however, public confidence in Umurenge Saccos has gone up, with their membership rising to more than 1.2 million.