Woman's
Micro-Credit
Supporting local woman as they focus on saving financially together
The initial loan for this project was facilitated by two Canadian families, the Van Kleecks and the Managhs. This generous donation has helped the whole community as the women involved begin to engage in business. Further funding was given by the Luke 4 foundation which allowed the program to expand to its current size.
The women’s microfinance program has a revolving loan scheme. The initial loan to each women is 120,000 Ugandan Shillings or approximately $60. Every month, the women in this program pay back 3% of the interest on their loans. With this interest, more women are added to the group. There are currently 53 women in the program. 100% of all sales/donations goes directly to the women.