Increasing our income

One member had a view of forming a group of 10 members.Where by each member was to deposit 10,000 per month and 15,000 as an entry fee(membership)The collected amount was to be borrowed by members within the group and money was to be returned within an interest of 15%/10,000.Its main objective was to uprise the income of its members and then after be registered so that the group would borrow money from the government/bank and increase on its income.None members were allowed to borrow money from the group if one of the group members would grantee them.

Location: Quapa, Guru, Uganda