Butuuro SACCO Unveils New Vehicle

Zadock Amanyisa

Butuuro  SACCO Unveils New Vehicle

Butuuro SACCO Unveils New Vehicle

Today, Saturday 13th August 2022 was and will still be an important day in the history of Butuuro People’s SACCO, soon to rebrand to Butuuro Financial Services as they unveiled their newly purchased Hilux double cabin vehicle.

The function was held at the institution’s head office, Nyakabirizi division, Bushenyi-ishaka municipality and it was witnessed by members of the board, founder members, promoters, staff, and others.

The vehicle was dedicated to God in a segment presided over by Rev.John Muhangi, representing Bishop Yona Mwesigwa Katoneene, the retired Bishop of West Ankole Diocese.

In his message, Rev Muhangi called upon stakeholders of Butuuro Financial services to always speak the truth to each other,execute the judgment of truth and peace in the institution.

The head of the procurement team that purchased the vehicle, Mr. Henry Bamwine Kakunde noted that the idea to buy an official motor vehicle for the institution was hatched in 2019 and was later ratified by the 2021 annual general meeting, adding that the vehicle was imported and cleared by Uganda Revenue Authority and is registered in the names of Butuuro Financial Services.

Procurement committee Chairman Mr. Henry Bamwine handing over the key to the Chairman Board, Mr. Benson Barigye.

Procurement committee Chairman Mr. Henry Bamwine handing over the key to the Chairman Board, Mr. Benson Barigye.

Butuuro Patron, Mr. Pison Mugizi said the institution has since 2007 stood tall as a credible cooperative society by starting a funeral cooperative program and motorcycle loan product, which would later be replicated by other saccos in the region. He challenged the stakeholders to uphold the ideology and vision shared by the founders at its inception in 2007.

The Chairman board, Mr Barigye Benson Mbugane explained that the purchasing of the vehicle was a collective achievement by all stakeholders and the institution is already formulating an assets policy to protect the vehicle and other assets while the general manager, Mr Peter Tumuhimbise noted that the cooperative is transitioning into an MDI in a drive that will require over 10billion Uganda shillings achievable in a space of two years.

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