Village Banks also referred to as “Village Savings and Loans (VSLs)” it’s a simple idea whereby members gather and contribute their money individually which then becomes immediately available to them as loans. It is mechanisms for helping rural poor in Uganda leap over insurmountable hurdles that have been hindering them from achieving their dreams of a sustainable livelihood.

The VSLA intervention encourages the formation of savings groups with typically fifteen to twenty-five members each, and trains each group in the management of their own village savings and loan association. As no external capital is provided, the groups are essentially self-managed financial intermediaries.

Justice Tourism Foundation’s  Village Savings and Lending Associations (VSLA) provide a safe place to save money, take out business loans and access interest-free financing for family emergencies, thus acting as both insurance a source of capital. Additionally, we link our Village Savings and Lending Associations (VSLA) to formal financial institutions to gain greater access to financial capital.

The overall aim of the microfinance project is to improve the livelihoods of poor and marginalized households in Uganda through improving their access to financial services and to improve the framework for sustainable financial services and 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.