$50 - helps a woman to start income generating business in Uganda!
Our supporters donated over $6000 toward the budget of $50,000. We are operating on a small budget goal of $1000. This policy is good for Hope Ofiriha and for our supporters.
September 14; Grace Akullu, 32 year old, single mother did not know what another ways she was going to support her three (3) children. She was forced to move to Kampala from nearby town of Bweyele – previously “the Sudanese Refugees resettlement Centre” to escape cycle of poverty.
After she moved to stay with Laura Iteng (her grandmother), who is living on the outskirt of Kampala, Grace became discouraged due to lack of opportunities.
A friend, who is a successful microloan beneficiary herself, asked Grace attends “How to start small business” training workshop designed to teacher Sudanese Refugee women how to diversify their businesses. The training workshop focuses on how to select good business sector, profit mark-up and book-keeping (recording of cash in and out).
After training the microloan Group decided to give her start-up money. With Ugsh.150, 000 ($50), Grace is selling charcoal in Kajjansji and is diversifying further. Today Grace spends nearly $12 a day and receives in $15 and $18 a day, more than 25% profit!
Previous borrowers are doing well in their businesses respectively. The project is doing well and women are happy.
We still need your help to put the finishing touches on this project so we can help more women get out of poverty.
Thanks to our donors! Thanks to GlobalGiving for sharing our project with kind people! Without YOU - Hope Ofiriha would have not helped these women.
Small budget goal is working well for Hope Ofiriha!
Our donors have raised over $5000 towards of our budget goal of $50,000. This is a good moment for Hope Ofiriha. Since April we made a new policy of posting project with small goal of $1500 live on GlobalGiving. Once the goal is raise we then increase the amount with similar goal until the project budget is entirely achieved. So far this policy is good for Hope Ofiriha as a small NGO.
With the funds raised so far 10 women will be given loans on July 15, 2011. These women have been identified. Our Loan Manager will be training these women on how to operate small businesses and book-keeping. We still need your help to put the finishing touches on this project to get Sudanese women out of poverty in Kampala.
Thanks to our donors! Thanks to GlobalGiving for sharing our project with kind people! Without YOU - Hope Ofiriha would have not delivered its mission.
In the next 3 months new updates will be posted, and also to report how your contributions are impacting on the lives of the Sudanese women in Kampala. Hope Ofiriha appreciates partnering with you. We will continue to team up with you until the goal of this project is achieved.
$10 – each month is a lot of money in Kampala, and In charity there are no big or small amounts. Each cent counts!
We have adopted footage from Micro credit in rural Lyantonde as Hope Ofiriha video – OUR ROAD MAP OUT OF POVERTY – what is in this video reflects our loan program in Kampala. Please take a couple minutes to check out the video on You Tube which can be accessed here:http://www.youtube.com/watch?v=6JrYIj_iQkQ
On May 3 2011 Hope Ofiriha granted loans to 10 new women to start their small scale businesses. These women were trained for three months in business skills. We hope after three months these women will be able to generate incomes, save profits, cater for their; foods, school fees for children, house rent, and healthcare. This is fantastic! Before we started this program they were living in extreme poverty.
But we are still facing the challenges of raising enough money to help more women. We are looking for 10 people to sign up for recurring monthly donation. We ask you to sign for $10 – only. Having $10 from 10 different people each month is better than 10 people donating $1200 in December as a Christmas gift – at one time.
$10 – each month is a lot of money in Kampala and it can do a lot. In charity there are no big or small amounts. Each cent counts!
Thanks to our donors! Thanks to GlobalGiving! Without your help – Hope Ofiriha is not in the position to deliver it Mission.
In next 3 months we will post the new project updates, and also to tell how your contributions are impacting on the lives of these Sudanese women in Kampala. Hope Ofiriha appreciates partnering with you and we will continue to team up until the goal of this project is achieved.
GlobalGiving is giving away $12,000 in bonus awards during this campaign! Here are the main reasons why you should consider signing up for monthly recurring donations to help Hope Ofiriha;
The final results of this campaign will be adjudicated in August 2011. Bonuses will be awarded based on the amount raised and the number of unique recurring donors at this time. In some cases, projects may forfeit bonus awards if donors cancel their recurring donations before the awards are given.
"A ticket out of poverty is to give women small loans to run their businesses".
On 08- Feb - 2011 president Omer al-Bashir, issued a republican decree accepting the final results of referendum, which supports the separation of the South into an independent state. North and South Sudan are presently engaged in talks to resolve the sensitive issues, which includes sharing of oil revenues, demarcation of boarders, and the contested oil-rich Abyei region.
Sudan will not be the same again, and Hope Ofiriha looks forward for a new Republic of south Sudan.
Thanks to our donors’ generosity around the world, our microloan raised $3,547 enabling the project to grant loans to more women in Uganda. These loans enable them start their businesses, and is a ticket out of poverty. Our women’s group members are hard working and achieving great progress with just small investment.
Our microloan manager, Beatrice Adul, reports that only key solution to women’s empowerment and self-sufficiency is the savings and credit awareness and business training that members receive through our monthly meeting held at Kibuli-Zone Uganda. We have learned from our past mistakes – but now thing are different in our organization. Thanks to our donors, the refugee women living in Kampala from Magwi County South Sudan now have access to the microloans to start their income generation business from selling; tea on street corner, dry fish, yellow banana, charcoal, and local breweries. They have also learned how to save and to keep accurate records to ensure their personal financial and business success and that of their fellow Members.
In 2010 with your support, our Group made tremendous strides in their ability to save funds and helped motivate weaker members in the Group.The total interest savings fund in Uganda is shilling 1, 500, 000, - which was contributed by each member on loans borrowed. The interest generated are added to Group’s capital so more women can borrow to start similar initiatives.
These loans have a re- cycling affect which means when a member borrows say $100. She is given three months to repay the loan in three installments each month $34, -only. A members who pays in time will be entitled to borrow $150, $200 and so up to $250,-. Also interest is charge on the loan. Before the interest was not charge but in the last meeting members agreed the interest is to be charged. This will help to pay for stationeries, and internet service fees needed.
There are more women who want to take loans but there are no funds. Microloans are the only ticket for them to get out of poverty. These women do not qualify for bank loans,and their hopes are on our donors.
In the months a head we will have lots of report on the impact of funds this winter and this will be clearly demonstrated.
We look forward to update you on our work and to demonstrate how your contributions are making changes in the lives of poorest of the poor in Uganda.
Thanks for joining hands with Hope Ofiriha!
Sudanese refugee women are making success in Economic Recession Times with your help.
The economic recession have hit Uganda badly this year, But Hope Ofiriha has remained strong in its commitment to help the Refugee women in the outskirts of Kampala city. Our beneficiaries in Uganda have experienced serious price rising, combined with economic crisis that has hit Uganda like so many countries in Africa. As a result, the prices of basic commodities have increased considerably. A kilo of Sugar that used to cost only $1 (2,000 Ush) now costs about $2 (4,000), making it almost impossible for these poor women to feed their families. Hope Ofiriha has witnessed many children being sent home from schools because their parents cannot keep with the pace of school – fees rising up.
To cope with this economic recession, Hope Ofiriha has granted loans to 10 refugee women from Kakira slum. Each woman will get a loan of $50. These women will start their small business, and after three months they will be able to support their families, and send children back to schools. They will also start to repay their loan in several installments which has no interest. Previous women who are taken loans are doing well in their respective businesses. They have also repaid their loans.
We thank our Globalgiving donors for their ongoing support and Hope Ofiriha looks forward in working with you in 2011- and years to come.
The staff of Hope ofiriha and volunteers wishes you a Happy Thanksgiving Holiday season, to your family, friends, and colleagues at dinner table!
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