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Bill to amend Financial Services Act to regulate interest rates on loans gazetted in Parliament

How Emyooga scheme works

Daily Monitor Summary The vehicle for disbursement of the funds, according to the announcer, would be Savings and Credit Cooperative (Saccos) formed by the potential beneficiaries and the new wealth and job creation scheme was baptised Emyooga. Advertisement In October, last year, Mr Alpha Alfred Kakuyu, was listening to a radio when he suddenly heard an announcement that the government was going to give money to low-income earners. The vehicle for disbursement of the funds, according to the announcer, would be Savings and Credit Cooperative (Saccos) formed by the potential beneficiaries and the new wealth and job creation scheme was baptised Emyooga.

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