Helping families rise out of poverty

Summary

This project provides salaries for 6 Village Savings and Loan Facilitators (VSLA), who are developing 54 new groups to all collectively save / loan their money to help them increase their income.

How You Can Help

Make a donation
	£6 - Purchase security box / locks for savings group
	£18 - Provide contribution towards 1 x VSLA facilitator monthly salary
	£43 - Supply 1 bicycle for facilitators to travel to groups on.
	£56 - Provide full monthly salary towards 1 x VSLA facilitator
	show more

	£ Other amount

Received £286 from 11 donations from people around the world like:

(Anon.)

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More Information About this Project

Project Needs and Beneficiaries

This project helps families / individuals to develop sustainable livelihoods through the provision of VSLA facilitators to help reduce poverty within the communities who are caring for orphans & vulnerable children. By sponsoring 6 workers, 54 new VSLA groups will be set up in the Iganga district of Uganda. Each group has 30 people (usually women) who collectively save their money & loan out to the group. Average rates of return are 30-70%. Enable families to increase their livelihood income.

Activities

Providing salaries for 6 VSLA facilitators to create 54 new groups. Helping to reduce poverty and increasing sustainable incomes in over 1,620 families.

Funding Information

Total Funding Received to Date: £286
Remaining Goal to be Funded: £10,490
Total Funding Goal: £10,776

Additional Documentation

This project has provided additional documentation in a Microsoft Word file (projdoc.doc).

Resources

Why this Project is Important

Potential Long Term Impact

54 new VSLA groups will have an impact on 1,620 individuals who will then be able to increase their incomes and provide for their families and communities.

Project Message

VSLA is the only hope for Uganda & Africa as a whole. VSLAs are self help groups, where even the weak financially can raise a small amount of money to save & use the savings to boost household incomes
- Members of Faith and Hope VSLA, Members of new VSLA group in Kampala, Uganda

Who is Running This Project

Contact

Louise Smith,
Director
2nd Floor, Sydney Vane House
Admiral Park
St Peter Port, Guernsey GY1 2HU
United Kingdom
+44 1481 727547
Email:

Project Sponsor

Louise Smith

Organisation

Hope for a Child
2nd Floor
Sydney Vane House, Admiral Park
St. Peter Port, Guernsey GY1 2HU
United Kingdom
01481 727547
http://www.hope.gg

Learn more about Hope for a Child and the project team.

Where this Project is Located

Country

This project is located in Uganda and can also be found under Economic Development.

For more information about Uganda, read the Human Development Report on Uganda or the Wikipedia entry for Uganda.

When this Project was Updated

Last Updated

This project was last updated on May 28, 2009.

Date Added to GlobalGiving

This project was added to the GlobalGiving project catalog on March 24, 2009.

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