Group saving accounts empower Uganda’s fishing communities - News Summed Up

Group saving accounts empower Uganda’s fishing communities


“NutriFish trained us, and from March to September 2022, we were able to save USh 990,000 [USD 265] as a group. Amana says that by borrowing USh 50,000 [USD 13.4] from the group, she was able to double her processing – from two 20 kg basins of fish to four. Kimono Magdalene from Kikondo landing site on Lake Victoria used savings to invest in dairy goat production, which has been a huge success. The minimum I can sell one for is USh 150,000 [USD 40], but the bigger ones go for USh 400,000 [USD 106]. Drama performances given by saving group members are held in the local villages to portray united and successful families.


Source: The North Africa Journal May 25, 2023 18:56 UTC



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