Mgahinga Park View Credit & Savings Association (MPCS) is a micro finance project that is supported by MCDO. MPCS provided small scale loans to local families at an affordable interest rate. Since MPCS establishment, many households have managed to uplift their livelihood through acquiring loans, which has helped many to meet their basic standards of living through improved crop and livestock farming. Gender equality has also been exercised since the group has both male and female membership.
However, most times, there is a challenge of limited funds in the association so as to fulfill the customers’ demands. The demand for the loans is higher than the capacity of the association.
The association has plans to establish a village bank for the community since banking facilities can only be accessed from the immediate town of Kisoro, which is 14 kilometers away. This would help community members access loans at a low interest so people can invest much in income earning enterprises as well as in agriculture, a sector that employs more than 80% of the Uganda Population.