RURAL YOUTH INITIATIVE FOR DEVELOPMENT (RYID)
P.O BOX 220, KASESE- UGANDA
Tel: 0782303866/ 0777290313/ 0750333542
RYID is a youth led and serving association registered with Kasese District Local Government, that works to improve house hold income, reduce unemployment and fight poverty in the Rwenzururu sub region, through farming, and savings scheme where the saving procedure was in a way that one saves and withdraws his or her money at anytime on the meeting days. This was adjusted following the a members meeting that if a person needs the money, it should be taken in form of a loan and withdraws be made at the end of the year at the time of sharing the profits.
During the year 2014, members managed to save Shs.681,900/= then it went on increasing to Shs.2,805,000/=, The loans which are issued are revolving whereby a member could take and return after a certain period. With Youth Advocacy Foundation Uganda-YAFU’s support we hope to improve on our systems and develop our capacities as well increase on our savings potential and loan portfolio.
A poverty free society
To empower the community access the sources of finance and make their own development