Madina Sancha VISACA members promises to increase savings monthly

 

Madina Sancha VISACA AGM delegates

Village Savings and Credit Associations (VISACA’s) are user-owned, user-managed and user-financed microfinance institutions operating in The Gambia says Mr. Kawsu Conteh, Animator Central River Region (CRR) and Lower River Region (LRR) VISACA Apex.

Mr. Conteh was speaking at Madina Sancha VISACA annual general meeting, Kiang East in Lower River Region over the weekend.

According to him, the ownership of VISACA belongs to the village and the village as an entity adding that savings and deposits can sustain any VISACA in the country.

Mr. Conteh stated that VISACA Apex the umbrella body of VISACA’s in the country is pleased to be associated with the activities that Madina Sancha VISACA is doing that savings, deposits, giving fertilizer to farmers on loans amongst other activities.

He further commended the management of Madina Sancha VISACA for holding the annual general meeting adding that holding an annual general meeting is very important it’s based on the credibility of every organisation; while urging the management committee and the general membership to continue guiding the constitution and regulations that governs VISACA’s in the country.