Over 300 residents in Kabale have registered for “Emyooga,” a Presidential Initiative on Wealth and Job Creation program.
The program that was rolled out by President Museveni early this year seeks to finance small groups involved in small-medium enterprises in of the economy.
The targeted groups include bodaboda cyclists, women enterprises, carpenters, tailors, mechanics, blacksmithing, carpentry, mechanics, pottery, performing artists and fishermen among others.
The total budget for the programme is 260 billion shillings and the finance ministry has already released 150 billion shillings through the Micro Finance Support Centre.
Each constituency will receive 620 million shillings for 19 groups and the disbursement of funds starts next week, with Kampala and Wakiso districts.
Addressing those that turned up for registration, the Kabale District National Resistance Party Youth League Chairperson Sheikh Kassim Kamugisha appealed to Emyooga beneficiaries to respect Covid 19 guidelines as they wait for the funds.