The Government has announced that discussions are underway on how private school teachers will benefit from “Emyooga” funds, a special programme initiated by President Museveni in 2019 to address the challenge of limited access to finance by the poor.
The programme targets organised groups formed around 18 specialized enterprises (Emyooga) with the aim of increasing household incomes and creating employment opportunities.
Although private school teachers were initially not part of the 18 specialized beneficiary enterprises, Alfred Eboku Ejanu, the Head of credit at Microfinance Support Centre (MSC) while launching the Emyooga program on August 12, 2020 in Kamwenge district said that President Museveni had directed that private school teachers be added on the program to make the 19th cluster of beneficiaries.
Speaking to reporters at the Uganda Media Center this week, the Minister of State for Microfinance, Haruna Kasolo Kyeyune said that discussions are underway on how the scheme of private school teachers is going to be managed.
“For teachers in private schools, discussions on how their scheme is to be managed are still ongoing. After the discussions are concluded, the Ministry of Education will issue a communication on the procedure for teachers in private schools to access this support. In the meantime, the organised teachers’ groups and SACCOs can still access funding but under the Microfinance Support Centre credit funds,” said Kasolo.
It should be noted that teachers in private schools were and are still among the categories of people badly affected by the outbreak of COVID-19 pandemic.
Many lost their jobs due to closure of all education institutions by Government in a bid to contain the spread of the pandemic.
Meanwhile, Kasolo announced that so far, the Government under Microfinance Support Centre (MSC) has disbursed 20 billion shillings to 660 constituency based Sacco’s in various districts.
“As at 25th November 2020, the Microfinance Support Centre had disbursed 20 billion shillings to 660 constituency based Sacco’s in the districts of Budaka, Bukwo, Kapchorwa, Kitgum, Kiboga, Busia, Alebtong, Kalungu, Kaberamaido, Kalaki, Iganga, Bukomansimbi, Serere and Bukedea,” said Kasolo.
He added that a total of 4,080 core district leaders , Emyooga Representatives and Members of Parliament have been sensitized about the programme objectives, targets and delivery model in the regions of Ankole, Kigezi, Lango, Central Region, Teso, Bugisu, Busoga, Acholi, West Nile, Sebei, Karamoja, Bunyoro and Rwenzori.
“Microfinance Support Centre continues to engage critical district stakeholders/ partners across the country, especially RDCs, DCOs, Local Council leaders to devise more strategies to ensure success of the programme.”
Working the Ministry of Finance, Planning and Economic Development, Kasolo said that Microfinance Support Centre has carried out mobilization and sensitization meetings of district leaders, local leaders and political leaders in 146 districts, 353 constituencies, 2,184 sub counties/ Municipal Divisions, 10,595 parishes and 70,626 villages.