I was pleased to meet with the Bodaboda leaders from the Kampala Metropolitan area today at Kololo. They represent 102 Saccos and I have contributed a total of Uganda Shillings 10.2 billion—100 million for each Sacco. These SACCOs are not for the Rich Business people "Abagaga" who are looking for profits but rather the motorcycle riders specifically intended to empower them. Secondly, this money should not be given to money lenders, as their exorbitant interest rates are unacceptable. it should be used to pay for the value of the motorcycle the way it is. I emphasized that loans should only be issued at an annual interest rate of 6%. This rate is not meant for profit but is intended to combat inflation. I will formalize this in writing, and anyone who defies it will face legal consequences.(Yoweri K Museveni)