Uganda
Background
Five Talents has been working in Uganda since 2001 in partnership with the Church of Uganda (Anglican). Three microfinance programs have been established in Kabale, Kasese and Kampala. The local partners in collaboration with Five Talents are now consolidated under one legal organization known as "Five Talents Uganda" wth its own management Board and national staff. This office serves as the primary point of contact for all work done by Five Talents in Uganda including short-term trips for business professionals to participate in client business training. Five Talents Uganda (FTU) is now able to expand effectively into other parts of the country.
Goals of Five Talents Uganda
- To alleviate poverty among those who are marginalized but are economically active by improving their access to credit facilities.
- To create job opportunities by enabling the entrepreneurial poor to be job creators.
- To develop business knowledge and skills.
- To encourage a culture of savings.
Project Description
Five Talents Uganda is pleased to welcome a new Finance Manager and a new Operations Manager. Despite high commodity prices in 2009 impacting on small business owners, FTU has had stable and improved performance in the last quarter of 2009 and the first quarter of 2010.
FTU closed the year at 60% self-sustainability and with clear plans to reach full operational sustainability by 2011. Five Talents UK is committed to supporting FTU and the Church of Uganda in reaching needy communities and expanding in the years ahead.
More Information
Click here to read the latest programme summary on this project.
Watch a film of our work in Uganda here.
Simon Lee, a volunteer from the UK, spent time working with Five Talents Uganda and you can read his blog here.
Click here to read trip reports from Uganda and other countries.
Click here to read case studies from Uganda and other countries.