By GEOFFREY ANGUYO | PROJECT LEADER
Kigezi Healthcare Foundation has mentored three businesses to grow from micro to small and now medium through the support provided under business development services. The story of Angela who is one of the best performing single mothers. She started her business about five years ago selling fruits and vegetables by the roadside with a small capital of $50. From a micro enterprise the business grew into a small enterprise. From there she moved to share a market stall with a friend. Talking to her this week she now owns her own stall and the business has grown. She hope to hit a turn over of&20.000 in the coming year. She is negotiating contracts with restaurants and Hotels. She is also engaging with suppliers. Her focus is on high quality assorted vegetables and fruits. She has been a consistent member of our business development services focusing on financial literacy and customer care. She has clear records of income and expenditure. She is growing her customer base steadily with consistent suppliers and distribution outlets. We have negotiated an additional working capital from the bank under institutional guarantee arrangement because she has no asset to provide as collateral. She constantly banks her money with a neighbour who is a bank agent. That saves her from moving to the bank all the time. Hotels and restaurants pay her through the bank. It is the consistent engagement with the bank that will help her secure additional working capital in phases. Programs that focus on female entrepreneurs foster job creation, stimulate innovation, and promote gender equality by equipping women with the resources they need to scale from micro-enterprises to larger, formal businesses. Women-led businesses create jobs, drive local innovation, and contribute significantly to GDP Research consistently shows that women entrepreneurs reinvest a large portion of their income into their families and communities, directly improving access to food, healthcare, and education for the next generation. Women often face systemic barriers—such as a lack of collateral or access to business loans. Targeted development programs provide the necessary financial literacy, credit access, and mentorship to overcome these hurdles. We are appealing to our friends to support these initiatives by donating generously to support women owned businesses.
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