Emyooga beneficiaries in Munyonyo have defied the odds of urban poverty by utilising the funds to enhance their household income.
This is inline with the presidential dream of driving the 68 percent of households from subsistence to money economy.
In the outskirts of Kampala, there lies Munyonyo community that hosts Mulungu landing site fishermen Emyooga Sacco with a wider membership of 125 individuals.
This Emyooga category has turned out to be a beacon of hope for the fishermen community operating from the shores of Lake Victoria in Mulungu, with a cash basket of about Shs130 million.
Aisha Niyindora, a beneficiary of the Mulungu fishermen emyooga Sacco, said her life has changed completely.
"I used to struggle a lot with working capital because Covid-19 had almost pushed me out of business, but since I joined the Sacco, I now only have to apply for a loan in the group," she says.
With 10 associations at hand, the chairperson of this Omwoga group, Dizzy Mukasa Nabaweesi, says the living conditions of their members have changed on the account of Emyooga intervention.
In terms of performance, Munyonyo landing site Fishermen Emyooga Sacco counts membership savings of about Shs28.7 million, a loan portfolio of Shs110 million and unpaid loans of Shs68.9 million.
"The previously struggling community for capital, these have now ventured into income generating activities giving a brighter future to their homesteads and families," Nabaweesi said.
This emyooga initiative is an intervention by President Museveni intended to reduce the subsidence levels of the majority of homesteads, steer job creation as well enhance value addition to minimise sale of unprocessed products.