Nyarubuye Sacco urges members to seek loans
The management of Nyarubuye Sacco Vision is encountering a problem of some members who are reluctant in applying for loans.
The Cooperative Manager in Nyarubuye Sector, Kirehe district, Eastern Province of Rwanda Claudine Nyirabazungu says; “There are many members in the Cooperative and there is no problem in managing the business but the worry is that they do not come for loans”.
The program was initiated in order to encourage residents so that they know the advantages of loans but there is less progress in the development of the cooperativr since it is through interest rates that the business flourishes.
The number of members who ask for loans in Nyarubuye Sacco Vision is very discouraging and if not mobilised, the initiative is likely to fail.