Social movements

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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