The Presidential Initiative on Wealth and Job creation (Emyooga) was launched in August 2019 as part of the broad government strategy targeting to transform 68% of homesteads from subsistence to market-oriented production with the overall objective of promoting job creation and improving household incomes. The initiative is centered on various 18 categories/enterprises/Emyooga covering majority of the hitherto, financially excluded Ugandans engaged in similar specialized enterprise categories.
These are facilitated with both technical and financial support to enhance the performance of their projects, and ultimately their incomes.
The Presidential Initiative on Wealth and Job Creation has two major components, namely:
- Establishment of zonal artisan/Jua Kali parks – implemented by Office of the President
- Setting up specialized funds (Emyooga) – implemented by Ministry of Finance Planning and Economic Development (Microfinance Support Centre Ltd)
The ultimate objective of the Emyooga programme is to facilitate the socio-economic transformation of households from subsistence to the money economy and market-oriented production.
Other objectives include:
- To increase employment opportunities
- To improve the household incomes of the target beneficiaries
- To enhance the entrepreneurial capacity of the beneficiaries through sensitization, skilling, and tooling
Presidential Initiative on Wealth and Job Creation is new Presidential Initiative on Wealth and Job Creation that is centered on various enterprises / categories / “Emyooga” covering a majority of Ugandans. The Initiative is also part of the broader NRM principle of socio-economic transformation in which Government has committed itself to convert 68% of our Country’s homesteads currently in subsistence to market
In Kagadi District, mobilization of groups was done at the village level, associations formed at the parish level and later the SACCOs were formed at the constituency level. A total of 936 associations were formed, however only 796 associations are the only ones active. The rest dropped out after failing to comply with the guidelines.
Kagadi District has 2 constituencies that include Buyaga East and Buyaga West. The formation of associations were formed and later put under respective constituencies.
Buyaga East had 437 associations while Buyaga West had 338 associations making a total of 936 associations in the District.
These associations were passed through verification and validation that made them form their affiliated SACCOs.
The associations were trained at the parish level on the savings mode, buying of shares, access to loans, subscriptions and memberships, filling of association forms, SACCO guidelines, policies, sustainability of the associations, record keeping, mindset change etc.
The associations in their respective categories formed SACCOs in the different constituencies. Each constituency formed 18 SACCOs making 36 SACCOs in the District.
The 36 SACCOs of the District were organized under their leadership, trained on the SACCO principles, guidelines and policies to ensure sustainability and self-management of these SACCOs.
Monitoring and supervision has been going on as a way of increasing capacity building in the SACCO and the association leaders. This has helped the associations to have access to information and feedback both from the District technical team and the MSC.
Below is the status for disbursements
|Sn||Name of the sacco||Amount|
|1||Buyaga east produce dealers emyooga sacco||Savings: 7,136,990 Shares: 3,900,000 Disbursements: 35,684,400 Recoveries: 24,539,350|
|2||Buyaga east tailors emyooga sacco||Savings:4,550,000 Shares: 280,000 Disbursements: 36,000,000 Recoveries: 9,257,450|
|3||Buyaga east restaurant owners emyooga sacco||Savings: 8,920,000 Shares: 350,000 Disbursements: 52,592,500 Recoveries: 21,965,858|
|4||Buyaga east fishermens emyooga sacco||Savings: 4,800,000 Shares: 300,000 Disbursements:24,000,000 Recoveries: 1,810,000|
|5||Buyaga east Boda Boda emyooga sacco||Savings: 3,960,000 Shares: 850,000 Disbursements: 32,356,950 Recoveries: 8,706,000|
|6||Buyaga east journalists emyooga sacco||Savings: 4,600,000 Shares: 00 Disbursements: 23,000,000 Recoveries: 1,795,000|
|7||Buyaga east youth leaders emyooga sacco||Savings: 3,510,000 Shares: 850,000 Disbursements: 27,550,000 Recoveries: 4,745,400|
|8||Buyaga east welders emyooga sacco||Savings: 4,360,000 Shares: 00 Disbursements: 21,200,000 Recoveries: 9,176,800|
|9||Buyaga east veterans emyooga sacco||Savings: 4,700,000 Shares: 600,000 Disbursements: 23,500,000 Recoveries: 3,300,000|
|10||Buyaga east Taxi Operators emyooga sacco||Savings: Shares: Disbursements: 36,000,000 Recoveries:|
|11||Buyaga east local leaders emyooga sacco||Savings: 12,976,000 Shares: 500,000 Disbursements: 55,880,000 Recoveries: 20,621,000|
|12||Buyaga east PWDs emyooga sacco||Savings: 4,000,000 Shares: Disbursements: 20,000,000 Recoveries: 10,560,000|
|13||Buyaga east mechanics emyooga sacco||Savings: 3,600,000 Shares: 350,000 Disbursements: 18,000,000 Recoveries: 12,766,000|
|14||Buyaga east women entrepreneurs emyooga sacco||Savings: 9,380,000 Shares: 600,000 Disbursements: 62,950,000 Recoveries: 33,823,700|
|15||Buyaga east saloon operators emyooga sacco||Savings: 5,640,000 Shares: 400,000 Disbursements: 50,200,000 Recoveries: 23,376,475|
|16||Buyaga east carpenters emyooga sacco||Savings: 6,150,000 Shares: 250,000 Disbursements: 25,950,000 Recoveries: 6,364,900|
|17||Buyaga east market vendors emyooga sacco||Savings: 8,020,000 Shares: 00 Disbursements: 37,700,000 Recoveries: 17,273,431|
|18||Buyaga east performing artists emyooga sacco||Savings: 3,080,000 Shares: Disbursements: 14,300,000 Recoveries: 1,052,000|
Total Disbursements: 596,863,850
Total recoveries: 221,946,314
Total savings: 101,247,990
Total shares: 9,530,000
|1||Buyaga west youth leaders emyooga sacco||Savings: 3,490,000 Shares: 650,000 Disbursements: 20,400,000 Recoveries: 8,367,127|
|2||Buyaga west taxi operators emyooga sacco||Savings: 3,750,000 Shares: 00 Disbursements: 18,750,000 Recoveries: 4,712,500|
|3||Buyaga west performing artists emyooga sacco||Savings: 2,510,000 Shares: 150,000 Disbursements: 30,550,000 Recoveries: 3,457,000|
|4||Buyaga west produce dealers emyooga sacco||Savings: 5,000,000 Shares: 2,100,000 Disbursements: 40,500,000 Recoveries: 15,966,800|
|5||Buyaga west fishermen emyooga sacco||Savings: 5,700,000 Shares: 00 Disbursements: 28,500,000 Recoveries: 6,191,800|
|6||Buyaga west Boda Boda emyooga sacco||Savings: 2,500,000 Shares: 00 Disbursements: 27,500,000 Recoveries: 4,765,400|
|7||Buyaga west restaurant owners sacco||Savings: 6,650,000 Shares: 300,000 Disbursements: 34,300,000 Recoveries: 13,755,800|
|8||Buyaga west women entrepreneurs emyooga sacco||Savings: 5,560,000 Shares: 500,000 Disbursements: 44,100,000 Recoveries: 21,726,900|
|9||Buyaga west tailors emyooga sacco||Savings: 6,200,000 Shares: 350,000 Disbursements: 35,400,000 Recoveries: 6,876,100|
|10||Buyaga west welders emyooga sacco||Savings: 5,600,000 Shares: 350,000 Disbursements: 28,000,000 Recoveries: 5,688,800|
|11||Buyaga west saloon operators emyooga sacco||Savings: 3,890,000 Shares: 450,000 Disbursements: 44,800,000 Recoveries:28,406,462|
|12||Buyaga west carpenters emyooga sacco||Savings: 6,440,00 Shares: 500,000 Disbursements: 32,200,000 Recoveries: 9,640,000|
|13||Buyaga west local leaders emyooga sacco||Savings: 12,100,000 Shares: Disbursements: 60,500,000 Recoveries: 17,147,200|
|14||Buyaga west people with disabilities emyooga sacco||Savings:6,700,000 Shares: 750,000 Disbursements: 36,538,200 Recoveries:|
|15||Buyaga west mechanics emyooga sacco||Savings: 2,650,000 Shares: Disbursements: 17,080,000 Recoveries: 8,432,400|
|16||Buyaga west journalists emyooga sacco||Savings: 4,300,000 Shares: 00 Disbursements: 21,500,000 Recoveries: 3,554,000|
|17||Buyaga west veterans emyooga sacco||Savings: 3,920,000 Shares: 250,000 Disbursements: 21,952,000 Recoveries: 8,910,400|
|18||Buyaga west market vendors emyooga sacco||Savings: 7,464,000 Shares: 650,000 Disbursements: 38,300,000 Recoveries: 18,746,000|
Total disbursements: 580,970,200
Total recoveries: 199,269,939
Total savings: 94,424,000
Total shares: 7,000,000
Below is the table showing the best performing SACCOs
|1||Buyaga West Produce Dealers Emyooga SACCO||Buyaga West||40,500,000|
|2||Buyaga West Women Entrepreneurs Emyooga SACCO||Buyaga West||44,100,000|
|3||Buyaga West Saloon Operators Emyooga SACCO||Buyaga West||44,800,000|
|4||Buyaga West Market Vendors Emyooga SACCO||Buyaga West||38,300,000|
|5||Buyaga East Restaurant Owners Emyooga SACCO||Buyaga East||52,592,500|
|6||Buyaga east Women Entrepreneurs Emyooga SACCO||Buyaga East||62,950,000|
|7||Buyaga East Saloon Operators Emyooga SACCO||Buyaga East||50,200,000|
|8||Buyaga East Tailors Emyooga SACCO||Buyaga East||36,000,000|