Bugisu Cooperative Union(BCU) has pledged to have a member Savings and Credit Cooperative(SACCO) in operation by March 2020, to revitalize the union’s operations and improve the overall wellbeing of member farmers. 

Johny Isaiah Sasaga, the prospective SACCO’s head told theCooperator that the SACCO hopes to beef up coffee production among the union’s farmers, by extending loans and advance financing to farmers to stave off competition from other coffee dealers. 

“The primary reason of starting this SACCO is to financially empower our members with capital base and coffee financing,” he says. 

Dubbed BCU SACCO, the financial cooperative has already set up its headquarters in Mbale town, and is already in the process of opening nine other branches in the union’s 9 primary societies across Bugisu sub-region.