Savings Coop Invests sh50m In Poultry Project

"Instead of giving out loans to individuals who sometimes fail to finance them, we let members under their groups identify projects and BAP funds them," Christopher Mugenyi, the treasurer, said.

Mugenyi said the SACCO’s members, who are in Lubaga Division, would also be beneficiaries of the profits from the poultry business.

The project will also be used as a demonstration farm for members and residents.

Other demonstration farms will be established near churches and mosques around the country to enable people utilise them after prayers.

"Most people spend a lot of time in prayers and forget about work. But these projects will be equipping them with knowledge about poultry and other farming businesses," Mugenyi said.

To continue reading this article please click here

Source: NewVision

Sign up for our
regular news updates

Sign up for our
regular news updates

More Poultry Industry News

•   BIRD FLU: Egypt Announces 88th H5N1 Case
•   Gas, Electrical Stunning Found to be Equally Humane
•   Farmers' Union Supports O'Kane Turkey Growers
•   Tyson Foods Names New Top Executives
•   WTO Investigates Poultry, Livestock Complaints
•   Taiwanese Nutritionists Learn About DDGS
•   Case Continues in Poultry Litter Suit
•   Philippines to Import Poultry Products to Meet Demand
•   Innovative Egg Pasteurisation Technology Launched
•   Ghana Aims for Poultry Self-Sufficiency by 2012