Ghetto Residents in Mukono Hold SACCO AGM

The people living in the slums located in Mukono District, commonly referred to as "Gheto," have called for a meeting known as an Annual General Meeting (AGM) to scrutinize how their SACCO (Savings and Credit Cooperative Organization) is being managed. This will help them address the challenges they face and find ways to move forward.

It is worth remembering that the national leader, Yoweri Kaguta Museveni, supported them with a plan to uplift people in the slums of Kampala and surrounding areas. He allocated one hundred million shillings (100,000,000) to each SACCO to help them overcome poverty.

The people of Mukono, through their leadership, have called for this meeting to scrutinize the management of Gheto in Mukono. Ssalongo Mazinga Dickson, the manager of Gheto, has explained the funds allocated and how they are being used. He has also revealed the challenges faced, including the high demand for loans and limited funds available.

Mazinga explained that the demand for loans has increased due to many people needing money, yet the funds available are limited.

The members of Gheto who have borrowed these funds and utilized them have expressed their gratitude. However, they have also shown their frustration, as they appreciate the efforts of the national leader while requesting him to increase the funds to meet their growing needs.

 

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