Friday, November 15, 2024
Home > Business & Finance > Boda Boda operators advised to join Saccos

Boda Boda operators advised to join Saccos

Khwisero Member of Parliament Christopher Aseka has pledged to establish a Special Administrative Cooperative (SACCO) to provide financial assistance to all Boda Boda operators in the region.

The Legislator said the move is part of his economic empowerment programs for the youth who can approach the institution for loans at lower interests.

“Once you become a member and save some money for a given period, you can qualify for a soft loan and uplift your financial status by investing,” he said.

He hosted operators from various markets, including Mulwanda, Ebukwala, Khumailo, Khumutibo, Mundeku, Namasoli, and Khusukuti, to successfully operationalize their dream.

“Our engagement with boda boda operators is centered on empowering and improving their livelihoods,” he said.

Speaking in his constituency, Aseka encouraged the operators to be top ambassadors of moral values by monitoring and identifying social ills and timely notifying the relevant authorities.

The MP said the Boda boda operators have played a major role in the community especially in the transport sector, logistics and local cash flow.

At the same time, Aseka encouraged the operators to focus on educating their children as the only path to combat poverty and reduce unemployment levels.

“I have outlined my driving objective towards poverty eradication. You must educate your children for the betterment of our future generations,” he added.

By John Ochanda

Leave a Reply