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Saturday, October 5, 2024

KISORO:Eden Mission Executive Director Urges Families to Strategize for Financial Success

 

Kenneth Rwego Gahuriro, the Executive Director of Eden Mission, has called on families to collaboratively plan for their finances to maximize the benefits from the organization’s initiatives.

He made this appeal during the launch of three local savings and credit cooperatives (SACCOs) at Kamatinza Catholic Church in Rwigwe Parish, Nyakabande Sub-county on 4th October 2024.

The newly established SACCOs—Gasaro, Butuga and Kiraro, received a total of 78.7 million shillings from Eden Mission aimed at enhancing local livelihoods. These funds are provided at a nominal interest rate of 1% per month, to promote financial stability within the communities.

Additionally, Eden Mission will return half of the 1% interest to the SACCOs as an incentive after two years of operation if they pay in time.

Rwego emphasized the Eden mission's commitment to alleviating individual burdens and encouraged couples to work together to achieve their financial goals.

Grace Akampurira Mutabazi, the coordinator for Eden Mission in the Kigezi region, urged beneficiaries to strategize and effectively utilize the funds to foster their development.

Ntawera Funi Evary, the Nyakabande Sub-county LCIII chairperson, encouraged SACCO members to use the funds responsibly and to create a work plan for better financial management.

Former Kisoro District Woman MP Kabageni Rose expressed gratitude to Eden Mission for its ongoing support to the people of Kisoro and beyond. She urged beneficiaries to invest the funds in various projects that would contribute to community development.

As part of its commitment to empowerment, Eden Mission previously offered a one-year training program covering topics such as parenting, financial literacy, and health. Participants successfully completed the training and received certificates, equipping them with valuable skills for their financial journeys.

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