This project provides booster grants, business training & technical support to 5 struggling Ugandan Rural women groups in Uganda, Mountains of Hope has empowered them to start small businesses and create a better life for their families, these groups require booster capital to finance their running businesses.Each women business group is boosted with $400 to meet their goals. They run businesses such as catering, juice making among others.
Over 100 women living in Rural areas struggle to provide for the family especially single mothers and widows . These women only depend on subsistence farming which is not sufficient to support their families. We hope to support them to create and operate their own small enterprises. Without assets and referrals, these women cannot obtain credit from banks.
The project provides booster grants worth $400 to each women groups to use to boost up their own small business. It also facilitates quarterly borrower training and support meetings with the beneficiaries. Once loans are repaid, they are recycled to become another loan.
Women will be self-reliant entrepreneurs who can will in turn be able to grow their own businesses, provide for the family and send their children to school. When they return the loan, other women will also be in position to borrow the same and the circle continues. This does not only help them but the entire community to get out of poverty over time.
Every microproject is intended to use the donations it receives in accordance with its stated description; however, it is important to provide project leaders with the flexibility to maximize the potential benefit from the donations they receive. This means that your donation may be used as a part of the main project that supports this microproject, specifically Promote Food Security Among 10,000 Homes in Uganda. In this event, the project leader is required to post an update to the microproject detailing the results and reasons behind this change.
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