BDS TRAINS KAMPALA SACCOS IN EXTENSION TEAM METHODOLOGY
May 25 2018 | MSC Head Office
The Business Development Services unit spent the better part of the week training Kampala based Savings and Credit Cooperative Societies (SACCOs) in extension team methodology. This was done out of a need to re-engage SACCOs on the concept of extension teams and deepen MSC's presence at the grass-root level.
A total of 15 SACCOs were represented and initially taken through cooperative principles, management of SACCOs, the new Tier 4 Microfinance Institutions and Money Lenders Act 2016 and what it means for the societies, as well as MSC's role in SACCO development. The trainers later delved into the main topic, defining a qualified member of an extension team as one who has basic education, has been a member of the SACCO for not less than two years, is active and willing to be trained and to voluntarily train others.
At the end of the training, the trainees appreciated the role of MSC in SACCO development; and understood the importance of extension teams and the level of commitment required to build and sustain their operations.