Economic Growth Uganda Project #4494

Microloans for S. Sudanese Refugee Women in Uganda

by Hope Ofiriha

Project Report | Dec 9, 2014
Microcredit:Offers new hope

By William Logai Ochieng | Executive director

Microcredit is only hope to my life and my family

Hope Ofiriha wishes you a Merry Christmas, and a prosperous new year!

There is no political agreement reach between the government and SPLA in opposition despite the IGAD sponsored peace talks in Adisababa since the alleged coup. South Sudan is getting worse every day, and hope for peace is weak as the clashes continue to take place in Jonglei state between the regime and rebel forces.

Despite the glimmer of hope, the world newest country remains a troubled nation. People are continuing to flee into Uganda, and long-time refugees in the country fear to return home.

Thanks for your recent gift to Microloan for S Sudanese Refugee women project in Uganda.

Hope Ofiriha had granted loans to 171 active clients with investment capital from our microfinance partner Deki. This number is expected to grow monthly to reach many living in South Sudan and Uganda. Our clients have to repay their loans regularly, and Hope Ofiriha is treating Deki's fund as a liability. This microfinance investment capital is repayable to Deki when the partnership period comes to an end.

Your recent donations (GlobalGiving donors), and repayments collected are added up to recycle in form of a loan to 30 new clients.

With this arrangement, we only ensure customers repay installments in a group where she belongs not to NGO. The aim for a loan is to reach several women to do economic activity to support their families and pay fees to keep children in school.

In the next quarter, a new field update be posted to let you know how your contribution is making changes in the lives refugees, their families, and children, and community.

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