National

Karongi residents hail savings schemes

KARONGI- Upcountry residents say credit and savings cooperatives  (SACCO) have significantly helped them to improve their economic and social welfare. Andrea Mugabo, a resident of Rugabano Sector in Karongi District, told The New Times that his family’s welfare has greatly improved after he started saving through a locally based sacco.“Previously, I was not able to realise how important it is to join savings cooperatives. The difference now is that I can even acquire a loan so as to further improve the welfare of my family,” he said.
Infrastructure Ministry's Jean de Dieu Hakizimana (C) with Mayor Bernard Kayumba (L) and other local leaders at the launch of SACCO in Karongi. The New Times ./ S Nkurunziza.
Infrastructure Ministry's Jean de Dieu Hakizimana (C) with Mayor Bernard Kayumba (L) and other local leaders at the launch of SACCO in Karongi. The New Times ./ S Nkurunziza.
Times Reporter