Microfinance Loan Project
Since 2014, we have been offering loans to our artisans and other members of the community to encourage livelihood projects. We conducted an evaluation at the end of the 5th loan cycle (each cycle lasts 6 months) to see how we were doing.
Here’s a snapshot of the results:
“With BOA I can now provide the basic necessities to my family and even take my children to school without much support from my husband”
“With a loan of 100,000 UGX (~$40 CAD), I rented a plot of land and bought groundnut seeds to plant.
From this field I expect about 5 bags of groundnuts, each selling for 75,000 UGX (~$30 CAD).”
“I used part of my 200,000 UGX ( ~$80 CAD) loan to buy a pair of piglets, a male and female.
We expect them to reproduce in six months, bringing us another six to seven piglets.”
Bead and Fabric Purchases
Since 2009 we have been supporting groups of artisans in and around Gulu though our purchases. Meet our artisans.
Find out more about the local development projects we’ve supported on our homepage, but here’s the impact at a glance: