{"id":66826,"date":"2024-02-13T19:19:11","date_gmt":"2024-02-13T19:19:11","guid":{"rendered":"https:\/\/www.africa-press.net\/uganda\/?p=66826"},"modified":"2024-02-13T16:53:35","modified_gmt":"2024-02-13T16:53:35","slug":"gulu-seeks-to-recover-shs487m-emyooga-funds","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/uganda\/all-news\/gulu-seeks-to-recover-shs487m-emyooga-funds","title":{"rendered":"Gulu seeks to recover Shs487m Emyooga funds"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Uganda. <\/strong><\/span><b>The Gulu District Local Government has embarked on a move to recover Shs487.5m disbursed under the Emyooga programme.<\/b><\/p>\n<p>In an interview at the weekend, Mr Patrick Kitara, the Gulu District Emyooga focal point person, said this initiative springs from the beneficiaries\u2019 failure to refund money lent to them despite numerous warnings from authorities.<\/p>\n<p>\u201cWe are going to arrest them and take them to the police where we will demand that they pay part of the money before being released after signing a commitment letter telling us when they will pay the balance,\u201d Mr Kitara said.<\/p>\n<p>He added that the district has 18 Savings and Credit Cooperative Societies (Sacco) and has so far received a total of Shs686.5 million disbursed to 1,132 beneficiaries while struggling to recover Shs489.6 million.<\/p>\n<p>\u201cWe have come to learn about issues of poor governance of the associations that are affecting the loan repayment because a loan committee chairman cannot collect loan when he or she still has his or her loan pending,\u201d he said.<\/p>\n<p><b>Hopeful<\/b><\/p>\n<p>Despite the challenges, Mr Kitara said the district has received more grants from the government for two enterprises amounting to Shs40 million.<\/p>\n<p>\u201cThe government has sent us more money for the fishermen and veterans\u2019 associations with each receiving Shs20 million. But this time, we will require one to present collateral to get the loan so that when you fail to pay back, we collect the collateral that you have presented to us,\u201d Mr Kitara said.<\/p>\n<p>The Deputy Resident District Commissioner, Mr James Cosmas Okidi, said his office is aware of the defaulters.<\/p>\n<p>\u201cWe will arrest you without excuse; this is a revolving fund and you must pay back because it is a loan, not a grant,\u201d he said.<\/p>\n<p>He added that the district has plans to hold discussions with the Sacco executives on the subject matter.<\/p>\n<p>He also encouraged the Saccos to hold annual general meetings as soon as possible to prevent delays when releasing additional seed funds.<\/p>\n<p><b>About Emyooga<\/b><\/p>\n<p>Emyooga is a presidential initiative which was launched in August 2019 as part of the broad government strategy. With a target to transform 68 percent of homesteads from subsistence to the market-oriented economy.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/uganda\">Uganda<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Uganda. The Gulu District Local Government has embarked on a move to recover Shs487.5m disbursed under the Emyooga programme. In an interview at the weekend, Mr Patrick Kitara, the Gulu District Emyooga focal point person, said this initiative springs from the beneficiaries\u2019 failure to refund money lent to them despite numerous warnings from [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":66825,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12],"tags":[233,240,234],"class_list":["post-66826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","tag-africa-press","tag-africa-press-uganda","tag-uganda"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Gulu seeks to recover Shs487m Emyooga funds - Uganda<\/title>\n<meta name=\"description\" content=\"The Gulu District Local Government has embarked on a move to recover Shs487.5m disbursed under the Emyooga programme. ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/uganda\/all-news\/gulu-seeks-to-recover-shs487m-emyooga-funds\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gulu seeks to recover Shs487m Emyooga funds\" \/>\n<meta property=\"og:description\" content=\"The Gulu District Local Government has embarked on a move to recover Shs487.5m disbursed under the Emyooga programme. ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/uganda\/all-news\/gulu-seeks-to-recover-shs487m-emyooga-funds\" \/>\n<meta property=\"og:site_name\" content=\"Uganda\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-13T19:19:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2024\/02\/sm_1707830295.883568.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"715\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/gulu-seeks-to-recover-shs487m-emyooga-funds#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/gulu-seeks-to-recover-shs487m-emyooga-funds\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Gulu seeks to recover Shs487m Emyooga funds\",\"datePublished\":\"2024-02-13T19:19:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/gulu-seeks-to-recover-shs487m-emyooga-funds\"},\"wordCount\":379,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/gulu-seeks-to-recover-shs487m-emyooga-funds#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2024\/02\/sm_1707830295.883568.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Uganda\",\"uganda\"],\"articleSection\":[\"all news\",\"head lines\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/uganda\/all-news\/gulu-seeks-to-recover-shs487m-emyooga-funds#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/gulu-seeks-to-recover-shs487m-emyooga-funds\",\"url\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/gulu-seeks-to-recover-shs487m-emyooga-funds\",\"name\":\"Gulu seeks to recover Shs487m Emyooga funds - 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