Thanks for your continued support of microloan project for South Sudanese in Uganda.
You did it again this year: Your cash and money from different sources helped grant microloans in the hand of 650 economically active clients in both South Sudan and Uganda.
Thanks DEKI for providing the largest microfinance loan capital. Deki's money is repayable after the partnership comes to an end.
By the time of this report:With a grant of microfinance loan capital from W4, HO had disbursed microloans to 20 new clients. In total W4, has funded a total of 60 clients.
In a next quarter, we will send you a new field update report to let you know the impact of your contribution. In a report, we will tell you a positive change it created in a life of South Sudan refugee women and their children in Uganda.
Our micro-loans program offers poor active women the chance for economic independence through entrepreneurship. Obtaining the capital to start or operate a business is a major obstacle for most of South Sudanese women and their families stranded in Kampala, as a result, from Sudan's African longest civil conflict. As refugees, they have a limited option to access bank loans, particularly those without formal education. Our program provides loans to not only qualified recipients but offers educational support to help them earn huge profit through their businesses.
Women themselves start their micro-loan group with a drive to lift themselves and their families from the burden of poverty. Every month, they attend group empowerment, and education workshops focus on small business management, record keeping, and mini bookkeeping help them be successful in their efforts. When women repay their initial loan, they qualify for a high credit during the next cycle. Over the years, we have seen women start their mini saloon, restaurant, food stall in a market, and farming businesses as a result of our program.
Despite the glimmer of hope, South Sudan remains a troubled nation. South Sudanese people are continuing to flee into neighboring countries, and long-time refugees in those countries fear to return home.
Thanks for your recent donation gift to Microloan for South Sudanese Refugee women project in Uganda.
Only months ago an alleged coup in South Sudan has left hundreds dead, and many in the region concerned for what the coming months may bring for the world's youngest country.
Only months ago an alleged coup in South Sudan has left hundreds dead, and many in the region concerned for what the coming months may bring for the world's youngest country. More than one million people have been forced from their homes by the ongoing conflict in South Sudan, the UN says. Of these, 803,200 have been displaced within the country, and another 254,000 have fled to neighboring countries, according to the latest UN report. It warns that the situation is likely to get worse as the violence continues.
We are thrilled to announce Hope Ofiriha is partnering with Deki UK micro finance, and the Troll tech Foundation (Kiva's partner) as their field partner in East Africa. Through this initiative Hope Ofiriha will be providing micro credit for entrepreneurial mothers to provide their families with basic necessities and pay school fees for their children.
With the loan from Troll tech we provided small loan to twenty clients to retail to make a huge profit to repay their loan on time while retaining big portion of the profit. These clients are doing in their tiny enterprise.
In March 37,898, 225 Ugandan Shillings (USD. 14,786.40) worth of new loans was funded via the Deki website. This is the biggest amount raised in one month to provide loan to 39 clients. In April ten clients will receive loans with funding from GlobalGiving, and 39 clients will receive loans with funding from Deki.
Some clients who returned when south Sudan got independence two years ago are returning to Kampala. They need a loan to start income generating activity in order to provide for their families and pay their children's school fees.
In the next quarter a new field update will be posted so that you get to know what the impact of your contribution is helping to create in the lives of the beneficiaries from the ground.
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