37 MILLION SHILLINGS BAGGED! – MP Tumuramye Unleashes Cash SACCO to Lift Kashongi County Out of Poverty

By Ben Musanje

In an exclusive interview, Honourable Genensio Tumuramye has revealed how he moved at lightning speed to fulfill a powerful promise to his supporters, launching a financial lifeline just weeks after reclaiming his parliamentary seat.

On February 26, 2026, Kashongi County witnessed a dramatic moment as Tumuramye officially opened the Kashongi Genensio Boda Boda Foundation SACCO, known as KAGEBO Foundation SACCO. The launch took place at the county headquarters and drew thousands of residents, local leaders, and officials. The Resident Assistant District Commissioner was represented by Mr. Laban Kanyohara, and the district commercial officer, Madam Scovia, commissioned the project.

But this was not just another political event. This was a promise fulfilled.

Tumuramye said the idea for the SACCO was born during the heated National Resistance Movement (NRM) primaries in 2025. At the time, hundreds of boda boda riders stood firmly behind him. He revealed that many of them rejected offers of 100,000 shillings from his opponent and chose to campaign for him without taking a single coin.

In appreciation, he vowed that if he won, he would create a financial SACCO to empower them. And he has now delivered.

He called leaders from various boda boda stages and brought in the district commercial officer to guide them through the legal process. By-laws were drafted and signed. Registration fees were paid. A certificate was processed in Kampala. Within one month, they were required to hold their first Annual General Meeting.

But Tumuramye did not stop at paperwork.

He rented office space for one full year. He recruited staff. He bought furniture, computers, stationery, counters, and even installed a strong room with a safe. When he added everything together, including the initial 15 million shillings capital he had promised, the total investment hit a staggering 37 million shillings.

On the very first day of operation, 157 people opened accounts.

The share capital was set at 10,000 shillings, with a membership fee of 20,000 shillings. Each share is valued at 110,000 shillings. Under the system known as “MUGABO,” a member with eight shares qualifies for a loan of one million shillings. Those with more shares qualify for bigger loans.

Tumuramye says the goal is clear, fight poverty head-on.

Although boda boda riders were the inspiration behind the circle, he insists it is open to everyone. Whether someone supported him or not, whether they are from Kashongi or elsewhere in Uganda, the Sacco is for the entire population.

He explained that many boda boda riders do not own the motorcycles they ride. Some were even removed from operating bikes simply because they supported him politically. Others struggle with low daily incomes. Most are married men with families depending on them.

By giving them access to loans, he believes they can buy their own motorcycles, grow small businesses, increase agricultural production, pay school fees, build homes, and improve their standard of living.

During his campaign launch after the primaries, Tumuramye counted 671 boda bodas lined up in support of him. He estimates that the number of riders in the constituency is even higher. Kashongi County has a population of about 30,000 people, spread across 106 villages, 13 parishes, and two sub-counties.

This marks Tumuramye’s second term in Parliament. He previously served between 2016 and 2021 but lost the 2021 election by just 290 votes to Herbert Tayebwa Musasizi after contesting as an independent candidate. This time, running under the National Resistance Movement banner, he roared back with a commanding 78.79 percent victory in the January 2026 general elections.

Some critics have questioned whether the project clash with the government’s Parish Development Model. Tumuramye dismisses the claim, saying the Sacco complements government programs aimed at moving people out of poverty.

He also brushed off fears that political opponents might try to sabotage the initiative. According to him, the foundation has already been firmly established and is built to serve the community for the long term.

With 37 million shillings already injected, hundreds of members signing up, and loans set to roll out, Tumuramye says this is only the beginning.

His message is bold and direct: the circle is open, the money is ready, and Kashongi must rise. (For comments on this story, get back to us on 0705579994 [WhatsApp line], 0779411734 & 041 4674611 or email us at mulengeranews@gmail.com).