The framers of the initiative hope to see the footballers get loans from the firm and start businesses for future prosperity
The Ugandan Premier League (UPL) has established a Savings and Credit Cooperative Society (Sacco) in a bid to support players against future financial problems.
The formation of the Sacco was confirmed during the Federation of Uganda Football Associations (Fufa) and the Super League Limited Annual General Meeting that was convened on Saturday in Mukono.
“It was a good turn up, many club chairpersons attended and those who failed, sent their respective representatives,” UPL chairman Arinaitwe Rugyendo said as quoted by Sports Nation.