Economic Growth Uganda Project #7622

Help bring Financial Stability to Uganda

by Opportunity International

Project Report | Apr 4, 2013
You are building a savings culture that transforms families

By Ian Haisley | Director of Online Strategy

Although Opportunity Uganda has restricted lending to avoid over-indebting clients during the country’s macro-economic challenges, it achieved strong growth in its outreach to families with savings accounts. Much of this growth was achieved by increasing community awareness through savings drives. Opportunity Uganda:

Boosts awareness by conducting savings drives every other Friday at alternating branches and via radio campaigns.
Mans each drive with 60 staff members who reach out to more than 500 community members, providing information about the benefits of saving as a tool for expanding business, funding education costs and preparing for emergencies.

Opportunity Uganda is increasing outreach through the following:

Adding additional branches in Soroti, Nansana and Mukono by year-end.
Increasing its mobile van fleet to three vans to reach more rural and remote families.
Funding 18 solar panel loans and 180 loans for housing repairs.

Links:

Website

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