Savings and development in Uganda

From Global development | The Guardian Sun Nov 25 2012, 19:01:19

The local Village Savings and Loans Association is turning the residents of Soroti, in eastern Uganda, into savers and entrepreneurs who no longer have to rely on the support of outside organisations

"Why should I again begin begging for support from the outside?" asks Phoebe Ageo, throwing her hands up dismissively, as she sits up straight in the middle of her farm compound in Soroti, eastern Uganda. "I don't believe in asking for money. The best word for this is 'begging'."

Although Ageo lives in one of the poorest districts of the country, in the past few years her situation has improved considerably. Chickens and goats wander in the fields, and the circular expanse of red earth with the thatched houses belonging to Ageo's extended family is surrounded by lush banana and mango trees. In the distance, flanked by weighty corn stalks, harvested seeds are drying in the sun, ready to be taken to the market.

Like most of her neighbours, Ageo started taking part in the local Village Savings and Loans Association (VSLA) four years ago. The scheme was initiated by CARE International and implemented in Soroti by the NGO, Uganda Women's Effort to Save Orphans (Uweso). Instead of relying on handouts and loans from outside organisations, villagers are trained to become savers and entrepreneurs.

[view whole blog post ]
 See More    |     Report Abuse

You might also be interested in the following news stories:

Afrique de l'Ouest:   Lutte contre Ebola - la mission de l'ONU ouvre ses portes à Accra (news)
Les Dépêches de Brazzaville
30 September 2014

La Mission des Nations unies pour la lutte contre Ebola » (UNMEER), s'est installée dans la capitale ghanéenne au moment où l'épidémie qui continue sa ... [read more]

Afrique de l'Ouest:   Ebola - le chef de la Mission de l'ONU arrive au Ghana pour inaugurer le siège (news)
UN News Service
29 September 2014

Le chef de la Mission des Nations Unies pour l'action d'urgence contre Ebola (MINUAUCE), Anthony Banbury, est arrivé lundi à Accra, au Ghana, pour inaugurer le siège de la Mission ... [read more]

Ghana:   Head of New UN Ebola Emergency Response Mission Arrives in Ghana (news)
UN News Service
29 September 2014

The head of the United Nations Mission for Ebola Emergency Response (UNMEER) today joined an advance team deployed in Accra, Ghana, to ensure the rapid, effective and coherent action necessary to stop ... [read more]

blogAfrica is's platform to help you keep an ear on the African blogosphere. We draw diverse voices from around the world who post regularly and insightfully about African issues. Bloggers, submit your blog's rss-feed!