Category Archives: Micro Credit Fund

News about the microcredit fund

VISIT TO AND TRANING OF CHIDFEA WOMEN GROUP

WOMEN TRANSFORMATION

Women and widows, found in the slums  at Ggaba landing site along Lake Victoria,  have changed their business in the 3 years we worked with them. They have accumulated their capital substantially through loans with interest re-payments. Tusaidiane Uganda is proud to be part of their developments.

The attached is the April  visit report.

20170407 CHIDFEA Visit

END OF YEAR REPORT FOR CHIDFEA WOMEN GROUP

Microcredit fund

CHIDFEA is a Women Group operating along Ggaba landing site at Lake Victoria. At the end of 2014 they receivied funds from Mirembe Foundation to add capital in their MCF. Its now a year since the women got the additional capital and there is so much progress in the different businesses, which the women are operating.

Tusaidiane is assisting the women in account keeping and business planning and is training CHIDFEA leadership in managing the fund.  Please find the attached End of Year Report where the ladies narrate their stories of success.

20151812 CHIDFEA End of year report

Vist to Abasiiti group in Masindi

BOOK FUND  

Tusaidiane was glad to see smiles on their faces after the children of Keyera primary School received text books

IMG_3629 feature “Our grades will be better” they said.

The Kibanja Women Group

A loan agreement was signed by Tusaidiane Uganda Ltd and the Kibanja Woman Group .Three millions is yet to be credited on their account. This will help them set out more loans to the women so that they improve their house hold income.IMG_3667 feature

Field Visit To Mbiriizi

The Secretary of “Stichting Tusaidiane” from the Netherlands was interested in the women projects and we decided to pay them a visit. We were  amazed by  the developements  and the impact of the Micro Credit Fund(MCF)

  • Their Shops were highly Stocked;
  • There is a new kiosk were Petrol is sold ;
  • There  is an increase in the number of particpants in MCF Loans from 11 to 34;
  • The knitting and sewing had a positive developement and now  some of the women can hire machines for private business.

We were very pleased to learn that the women are now involving their daughters in their business in view of the  future of the community.