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" with its own management Board and national staff. Five Talents Uganda (FTU) is now in a stage of maturing those three branches and in time, will 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
In early 2010, Five Talents Uganda welcomed a new Finance Manager and a new Operations Manager. Despite high commodity prices in 2009 and 2010 impacting on small business owners, FTU has had stable and improved performance up to the third quarter of 2010.
Five Talents UK is committed to supporting FTU and the Church of Uganda in reaching needy communities and expanding in the years ahead.
As of January 2011, there are 3,385 active clients with an average loan of £75.
Invitation
Our target in 2011 is to raise £70,000 for FTU. Click here to find out how you can donate.
More Information
Click here to read the latest programme summary on this project.
To watch a 3.5 minute film about our work in Uganda, click on clip below.
Five Talents mainly provides business training through local resources but occasionally runs "business mission" trips from UK to lead training sessions with clients. Click on the clip below to view a 9 minute video that introduces the work of Five Talents in Uganda and shows one of these training programmes in action.
Ruth and David visited Five Talents Uganda in December 2010, read their trip report here.
Sophie and Lucy Eve, spent time with Five Talents Uganda in September 2010, read their blog here.
Click here to read trip reports from Uganda and other countries.
Click here to read case studies from Uganda and other countries.