500 women of Ochelakur Sub-County access finance

by CPAR Uganda Ltd
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500 women of Ochelakur Sub-County access finance
500 women of Ochelakur Sub-County access finance
500 women of Ochelakur Sub-County access finance
500 women of Ochelakur Sub-County access finance
500 women of Ochelakur Sub-County access finance
500 women of Ochelakur Sub-County access finance
500 women of Ochelakur Sub-County access finance
500 women of Ochelakur Sub-County access finance
500 women of Ochelakur Sub-County access finance

Summary

This project will facilitate households of a disadvantaged traditionally fishing community that is no longer permitted fishing livelihoods due to government fishing restrictions on Lake Kyoga to transition to other livelihood options and to improved quality of life. 500 women will access finance and financial literacy; be able to start and or operate viable businesses through which they will earn a living; and be able to meet the basic needs - food, water, clothes, shelter - of their households.

$3,000
total goal
$2,892
remaining
5
donors
0
monthly donors
3
months

Challenge

Over 14,000 people of Ochelakur Sub-County depended on fishing for their livelihoods. Government's suspension of fishing in Lake Kyioga has destroyed their source of income. Moreover, the suspension isn't accompanied with affirmative action to assist and enable fishing communities to transition to alternative livelihoods. People of Ochelakur are failing to afford their basic and genuine needs. They are starving and malnourished; are living a poor quality of life; and are emotionally distraught.

Solution

Through our rural innovator, a son of Ochelakur, establish "Ochelakur Loan Scheme." Over a one-year period, access low interest loans to at least 500 enterprising women of Ochelekur to invest in businesses - street and market vending, artisanal enterprises; and farming as a business. Accompany loans with tailor-made financial literacy training sessions for borrowers, in order that they achieve the best livelihood outcomes from the loans. Encourage beneficiaries to share learning with others.

Long-Term Impact

Standards of living will improve for households of at least 80 percent of the women who will access finance and financial literacy through this project. At least 50 percent of benefiting households will successfully use their loans to engage in profitable income generation, earn sufficient incomes for them to be able to meet their basic and genuine needs, including eating balanced diets. And 90 percent of benefiting women will testify attaining improved social standing in their wider community.

Additional Documentation

This project has provided additional documentation in a PDF file (projdoc.pdf).

Resources

Organization Information

CPAR Uganda Ltd

Location: Entebbe - Uganda
Website:
Facebook: Facebook Page
Twitter: @CPARUGANDA
Project Leader:
Robert Oluka
Entebbe, Uganda
$108 raised of $3,000 goal
 
5 donations
$2,892 to go
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