This campaign has now closed
Karamoja is an area of extreme poverty. We want to work with our local partner to begin a sustainable microfinance programme. We will offer simple financial literacy and business skills training along with access to a safe place to save and borrow small loans.
Categories
Beneficiaries
Situation
Karamoja region is an arid area located in north-eastern Uganda. Following decades of conflict, the area has the lowest development indicators of any of Uganda’s regions; over 80% of Karamoja’s population live below the poverty line compared to around 30% nationally (OCHA, 2011). It has the highest percentage of people with no education, the highest rates of infant mortality, and the highest rates of female genital mutilation within the country (UBS & ICF International, 2012).
Solution
The programme will provide basic training in financial literacy, agricultural methods and business skills. Building on this foundation, 1,500 households will be provided with the means to build resilience through savings and access to small loans to invest in their businesses. The majority of members will be women who are most likely to be financially excluded. Nearly all members will be illiterate, live in rural areas, and be under the age of 30.