This campaign has now closed
Five Talents has microfinance programmes in three countries in East Africa; Kenya, Tanzania and Uganda. The East Africa Challenge would fund the delivery of practical business training, small loans, savings facilities and pastoral care to help the active poor start and expand small businesses.
Categories
Beneficiaries
Situation
Uganda, Tanzania and Kenya remain some of the poorest countries in the world where poverty is a key structural barrier to accessing, not only financial servcies, but also education and healthcare. Although people in these countries have experienced declines in absolute poverty, this has expanded the demand for business training and charitable microfinance initiatives as more people get out of absolute poverty and into the category of the economically active poor.
Solution
In order to address the needs of the growing category of the economically active poor and the barriers to education and healthcare caused by poverty, there is a significant need for capacity building in financial management, business skills training, savi