Gisagara: Youth cooperatives urged to hold onto saving culture
Cooperatives for youth in Gisagara district have been called on to work putting in mind savings in order to attain better living condition and a promising future.
The call was made by RDB during a three week youth training that started on February 10th 2014 in Gisagara district.
The training was organized by Gisagara district in partnership with Rwanda Development Board (RDB).
The aim of the training is to prepare youth into forming and managing cooperatives and to become future entrepreneurs.
Jean Marie Vianney Mahoro, a member of Icyerekezo cooperative (for mass production of tree seedlings) says that they have learnt a lot from the training like recording income and expenditure, making project proposals and cooperative management.
He says: “The training came as an answer to our problem. We formed cooperatives but we had no knowledge of how to use them to generate income.”
Eduard Ngendahayo, in charge of sensitization in RDB and trainer said training will help youth to become good entrepreneurs, set up big projects and employ other residents.
He added that youth should learn to create jobs because white collar jobs cannot be enough for all literate people.
After training, youth get loans with the help of Business Development Fund (BDF) which pays 75 percent of the bank security.
The trainees come from different youth cooperatives in Ndora, Save, Kibirizi and Gishubi sectors in Gisagara district.
The training is expected to last for 3 weeks taking place in different parts of the district and over 300 youth will have been trained.