SACCO to develop Uganda’s Economy-Uganda safari News
SACCO
is the Savings And Credit Co-operative which is a project that borrows
people funds to start up small business and also ensure that the funds
are given back. However people are given a 10% interest which will
encourage them to get loans. The project is going to help Ugandans
develop and fight the problem of poverty hence making Uganda a place for
investments therefore attracting more safaris to Uganda and make Uganda a tourist destination.
The
new scheme is in Kasangati and Wakiso district and it is based on
“Gwewalabyeko Yemwana” where many people will be given the opportunity
to develop themselves through starting up businesses where they can earn
a living and also promote economic growth and development in Uganda.
This will also lead to the development of the tourist sites as the tour
operators will also boost their industries hence attract tourists to
come for Uganda safari.
This
will also help divert the minds of the youth from gambling and thefty
to starting up their own small businesses where they can earn money.
This will therefore help Uganda to be free from any criminal activities
hence attracting many tourists to come for safaris to Uganda
hence boosting the tourism sector and increasing the revenues to the
country. This will also promote peace in the country and security to the
tourists on their safaris in Uganda.
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