The innovation of microfinance has allowed low income individuals, usually excluded from the traditional banking system, to obtain micro-loans to develop micro-enterprises and build savings. The aim of the microfinance project is to contribute towards sustainable economic development by providing local individuals, groups and communities with the proper skills training and micro-loans to grow their businesses, create new jobs and help break the cycle of poverty and hunger. This project seeks to unlock the potential of micro finance services and tools as mechanisms for helping rural poor in Uganda leap over insurmountable hurdles that have been hindering them from achieving their dreams of a sustainable livelihood. This is where you come in!
What will I be doing?
- As a Micro-Finance Volunteer you will work directly work with the rural communities to provide technical support and training to small local businesses (Small Medium Enterprise – SME) and help entrepreneurs in order to secure their means of a livelihood and develop a sustainable future for themselves. These enterprises include craft market vendors, , pig and poultry farming, soap making, baking goods, local tourist guides, fruit sellers, horticulture initiatives, and community associations.
- You will perform tasks such as helping to develop business plans, developing marketing strategies, conducting workshops, providing business guidance and support, and more.
- You will help to establish facilities for credit such as the Village Saving and Lending Association (VSLA)) in order to enable underdeveloped and poor communities to expand.
- Volunteers will perform tasks such as reading though business plans, developing marketing strategies, conducting workshops, providing business guidance and support, and more.
Our volunteer programs are based both in the town of Fort Portal, which is located 300 kilometers from the capital city of Kampala and in Jinja town about 80 Kilometers east of the capital city of Kampala. The volunteer program begins on the first and third Monday of each month. Volunteers can choose to volunteer for periods ranging from 1 week to 24 weeks.