Uganda: Watoto Saving Group About to Become a Bank

Group saving and lending has really taken off in the recent past, with the latest figures showing a growing trend. Simon Musasizi digs into the story of Y-Save, a Watoto church-based saving group that is worth Shs 10bn.

When Watoto church's young corporates started fellowshipping, they did not see themselves turning into a strong financial institution. Theirs was a platform that brought together young workers in the church to discuss workplace issues that affected them.

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