Since April 2012 Nurturing Uganda is running a microfinancing project for women from the neighbourhood of its field of action.
Mary and Agnes, two young women from Uganda, who have a lot of experience in running microfinancing-projects, were supervising the project on site during the first two years.
Now David Oketch, a young passionate ugandan student is overseeing our microfinancing projects.
Our vision is to empower communities in Uganda to be self sustainable and to promote a self sustainable community through economically empoweing women by giving them a small loan support.
Our aim is to support the women in different aspects like:
(a) capital formation,
(b) capacity building
(c) organizing for collective strength for the women and
(d) Social security
in order to truly create a community that is self-sustained.
Course of action
The project is designed in particular to help women with children, who are either widowed, been abandoned by their husband or who haven’t got enough financial means to provide their families. In fact, about 90% of these women have never had their own income.
We made positive experiences with our first groups. Business was successful and the women pay back or have already paid back the credit.
Moreover, many women reported to us, that – for the first time in their life – they were able to provide for their family.
One example of those women is Negesa Sesilaya:
Your help is needed:
Our future goal is to increase the number of women, who are supported by our project to improve their business or to start a new business.
If you want to support our project and help poor women in need, you are offered the chance to do that by donating the one-off amount of 70€ to our organisation.
This amount will be given to a woman in need in terms of a credit with the goal of supporting her business.
In order to inform you which specific woman you are supporting, you will receive a letter of the woman who was lucky to get your donation. You will also be informed about the exact business idea you are supporting and its development.
After the woman has paid back the credit, you will either receive 60€ back or you can also choose to forward this amount to another woman in need. The other 10€ are being used to pay Mary and Agnes our two microfinancing staff members in Uganda.
For more detailed information contact us through our contact form.
To read about our accomplishments in 2015 download our annual report: 2015 annual report microloans