Daily Monitor
Tuesday February 02 2021
Summary
Policymakers in the cooperatives sector should use partnerships with relevant institutions in the market to streamline services.
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One in four adult Ugandans is a member of a cooperative, according to International Cooperative Alliance.
This is not without cause. Cooperatives play a critical role in mobilising savings, increasing credit access and facilitating activities along production and value chains.
Onen in Gulu might, on his own, struggle to access a tractor to plough his fields but as a part of a cooperative, he can access one at much better terms.
For this reason, cooperatives have grown from 13,179 in 2012 to about 23,485 in 2020, according to International Cooperative Alliance