Microfinance ProgramAt our microfinance program KADERES assists in formulating Saving and Credit Cooperative Societies (SACCO) in villages of Kyerwa and Karagwe districts. So far, we were able to form 15 SACCOs with over 22.500 members, almost 50% of them are women. Our plan for the future is to raise the number of SACCOs up to 25 in order to fulfill the need of the society. The SACCOs Network is a cooperation of microfinance institutions to exchange and support each other. It is organized and coordinated by KADERES. The SACCOS offer financial services to the farmers. There are two types of financial services: Saving and credit services.
Like KADERES, the SACCOS try to improve the living conditions of the rural areas as well as to empower communities. This project is mainly supported by HIVOS and responsible for the SACCO network at KADERES is our colleague Justin Julius Kamana.