Uganda, Dec. 5 -- The State minister for Trade, Industry and Cooperatives, Mr David Bahati, is pushing for the formation of savings and credit cooperative society organisations (Saccos) at the village level to improve livelihoods.

"The formation of Saccos at every village in Uganda will promote a saving culture that will facilitate the operators of small-scale businesses to access simple loans to boost their trade since most of them have the required collateral securities required by commercial banks,'' Mr Bahati said.

He made the remarks during the launch of Mwendo Sacco in Mwendo Trading Centre, Kitumba Sub-county in Kabale District at the weekend.

Mr Bahati, who also doubles as the Member of Parliament for Ndorwa West, said the inte...