NGOs

Unregulated SACCOs threaten the future of Microfinance in Uganda

If you have not already done so, read The Observer article by Moses Talemwa on unregulated Savings and Credit Co-operative Organisations (SACCOs). The article highlights the story of a woman who has been defrauded by a microfinance institution in Uganda. The fraud was made possible primarily because SACCOs operate without any state oversight.

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