Banyankore Kweterana Cooperative Union receives Shs800m boost for activities
Posted Wednesday, October 23 2013 at 00:00
In a bid to increase farmers’ ability to earn better incomes as well as production of coffee, Banyankore Kweterana Cooperative Union (BKCU) has received a Shs800m loan from the Micro Support Centre.
This was at the close of a three-day training of the union’s board members and management of BKCU, last Wednesday October 16.
At the training that was held in Mbarara, Wilfred Katobe, regional manager, Micro support Centre, emphasised transparency and accountability to the members in implementing the programmes. He also urged them to be abreast with current trends on the global market if they are to survive in business.
Back on track
He observed that several cooperative and savings organisations are grappling with leadership questions and some have gone under, because of mismanagement of funds while others had leadership issues. “Groom young people with the intention of future succession as success without successors is a total failure,” he said. The revival of BKCU has been through various kinds of support from different partners.
This includes Aggritera, a Dutch development agency which supports farmers’ organisations and cooperatives, as well as initiatives of the primary societies have put the union back on track.
Like other prominent cooperative unions in the country, BKCU has been limping due to the effects of the civil war in the 1970s and 1980s and subsequent difficulties in the face of the liberalisation of the coffee industry since the majority of cooperative unions depended on coffee and cotton production.
“The resumption of exporting coffee to Europe trade through fair trade is a manifestation that the sleeping giant is slowly but surely back on track,” said the board chairperson BKCU Geoffrey Baingana.