Beneficiaries of IWC’s Micro-Loan Program in Uganda: The Women and Their Businesses

Written by Karen LaFrance

Click on the pictures below to see the videos!

Bukina Julie of the Farming Lending Circle, International Women’s Convocation/African Rural Schools Foundation micro loan program, borrowed about 1 million UGX  (Uganda shillings), or a little over $400.00 US, to finance expenses of her maize crop.  Because the loan was made out of synch with crop rotation practices, she expanded into the purchase and re-selling of shoes to improve her profits (click on the image to see the video)   MFBusiness1
Nakusa Gladys, Leader of Lending Circle Retail, International Women’s Convocation/African Rural Schools Foundation micro loan program, borrowed about 600,000 UGX (Uganda shillings), or a little over $200 US, to expand the products she sells from her small roadside shop in Mutundwe Village (click on the image to see the video)   MFBusiness2
Nalule Rebecca from one of the start-up Lending Circles, International Women’s Convocation/African Rural Schools Foundation micro loan program, borrowed around 1 million UGX (Uganda shillings), or a little over $400.00 US, to finance a new security wall around her property and to purchase supplies, inoculations and chicks for her new Chicken Layers for Eggs business.

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Cossy Byansi of the Saloon (hair salon)/Restaurant Lending Circle, International Women’s Convocation/African Rural Schools Foundation micro loan program, borrowed around 1 million UGX (Uganda shillings), or a little over $400.00 US, to finance expansions of her existing, very diverse, lines of business.

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 Here she is showing her new brick-making venture to Abbey Ssejjuuko, program community organizer in the village of Mutundwe.

 

MFBusiness3DHere she is inside her shop explaining how her business supports her several family members: