Monday, June 24, 2013

Susan Builds Home with Microloan Profits

Apac, Uganda — Uganda’s microfinance program is on track for success in the Apac community. Planned activities are being implemented and transformation is apparent in the local communities. Regular trainings in farming and business are being offered for all microloan beneficiaries in the community.

Before the microfinance program was implemented, life was rough for many beneficiaries. They couldn’t afford medical bills, purchase food, pay for school, and buy basic necessities for everyday survival. The program is now building up current beneficiaries to be productive and self-sufficient.

A number of beneficiaries have already given their slots to others in the program, as they now feel a sense of empowerment and determination to support themselves independently. Many who have graduated have started retail businesses and built new homes from their profits. Though graduated, they still attend agricultural business training sessions organized for the beneficiaries.

Susan Oyuru recently graduated from the microloan program and built a four room house from her retail business profits. “My success came from the microfinance program. I was engaged productively in agriculture and earned a lot from my enterprising ventures. Our living conditions have tremendously improved,” she said. “I can now comfortably feed my family members, send my children to school, pay medical bills and care for our basic needs. I know my God cares.”

 

Bright Hope’s local, in-country partner in Uganda reported that the levels of production amongst the beneficiaries and graduates have increased dramatically thanks to microfinance empowerment. “It excites me to see sustainability mechanisms of microfinance being laid and my vision of its replications in Africa dawning.”

Support Bright Hope's work in Uganda or Microenterprise.