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Name: Village Savings and Loan Association (VSLA) Project, Iganga
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Reference No: 104
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| Country: Iganga, Uganda |
| Job Title: 6 full time trainers, 2 part time managers, 1 part time accountant |
| Local Employer: Iganga District Agricultural Association |
| Job Role: |
Hope for a Child is engaged in a large scale project involving setting up and
running Community Managed Savings and Loans Associations. This is in
partnership with Iganga District Agricultural Association, so many of the
participants are farmers. This project started on Jan 1st 2009 and we are
supporting 9 workers to start 54 VSLA groups over the next 18 months. Each
VSLA group consists of 25 people, with an average of 10 dependents each, so
we aim to help around 14,000 people, including many children, to rise from
poverty. The group members save their own money as a group and lend their
savings to each other for business loans, in order to start or develop a business.
As the families develop their livelihoods for themselves they can then take
better care of their own children and also of the other vulnerable children and
orphans within their extended family. The income allows them to pay school
fees and provide food, housing, clothes and health care for the children they
care for. In the future we also aim to include business skills training for our
VSLA groups. We aim to replicate this project in other communities.
The 54 groups are being developed in six sub counties of Iganga -
Namungalwe, Bukanga, Ivukula, Ibulanku, Bulamagi and Buyanga. Our
original community mobilisation took place in January 2009, and formation of
the groups is now fully underway. |
Number of sponsorships @ £20/month still required to fund the project: 30
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