Village Funds

VILLAGE: Ugesa	Last Updated: 02/26/2014	SACCOS Name: Marine Ugesa Saccos
	Recent News:	Well managed. Greater variety of crops. Need more capital to meet loan demand.
	Location:	About three hours southwest of Iringa Town
	Status:	Active, Excellent loan repayment record.
	Year Started:	2009
	Members:	96 in total, up from 86 last year
	SACCOS Chair:	Lameck Mgina
	Registered:	Yes, in 2013
	Member -Joint SACCOS:	Yes
	Loan Use:	Potatos and other crops. Some small shops.
	Donated Capital:	800,000 TZS
	Members Capital:	14,940,000 TZS
	Need Capital:	2 members waiting to join
	Amcos:


Amounts in Tanzanian Shillings. In 2015 there are approximately 1800 shillings/dollar.
Members capital combines membership shares,members savings and retained earnings.

IRINGA HOPE