Mubende residents congratulate the government on the Emyooga accomplishment.

Beneficiaries have praised the government for introducing Emyooga, a program that they say has not only helped them escape poverty but has also helped them expand their companies.

The beneficiaries related their success stories when State Minister for Finance Haruna Kasolo visited the area as part of the program’s follow-up.

Rosemary Nakayingo, a businesswoman in Mubende town council, had a struggling business when the government created Emyooga in 2020, but she opted to use the new program for a bailout.

“I joined the Kaweeri Veterans Sacco, where I could both save and borrow.” I borrowed shs1 million at start, but as time went on, I borrowed more, and my hardware firm is now thriving. I was able to purchase

While many people first resented the scheme, according to Nakayingo, they have come to realize that it is a simple way for them to get inexpensive loans from their local sacco and pay it back later at low interest rates.

“We want that the government invest more money into our sacco in the form of seed capital so that we can borrow more,” she said.

On the other hand, Fred Muzira claims that he was able to develop his business after saving and borrowing from the Mubende salon operators sacco, of which he is a member.

Despite the fact that the salon was severely harmed by the Coronavirus outbreak, he is sure that it will survive because to Emyooga.

Minister Kasolo, speaking at the event, said that after listening to the public’s concerns, the government has agreed to set aside funding for Saccos that have done successfully.

“The president has already directed that SACCOs that have performed well receive an extra Shs20 million,” Kasolo added.

He stated that everyone has a role to play in the Emyooga program’s success, and that leaders should work together to support it.

Bashir Lubega, Mubende Municipality MP, urged critics against speaking badly of the government program, which he stated is aimed at helping those who are unable to obtain funds from banks.

“Many people said we were lying when we told them Emyooga was here to help them. It’s nice that they’ve seen the movie.