Assist Community Initiatives (U)
Supporting Purposeful Development
Microfinance
ACI–Finance(U), the microfinance program of ACI-Uganda, was launched with an overall goal of increasing access to, and the use of financial services specifically tailored to the needs of the economically active rural and peri-urban poor, particularly women. We believe that this significantly contributes to their empowerment through the creation of income generating activities, improvement of their livelihood and communities.
Objectives
• Financial inclusion - to provide accessible financial services predominantly for the rural and peri-urban poor, notably women, who earn an income but do not have access to financial services.
• Social returns - build awareness on various aspects of social development such as children’s education, health, nutrition, non-formal education, adult literacy, sanitation and utilisation of available resources to improve their livelihoods, foster the sustainable development of their communities.
• Build and support community based financial services – through the mobilisation, training and organisation of the rural poor into savings groups, to stimulate income generation, the creation of self employment opportunities and to become operationally and financially self-sustaining.
How it works
Our microfinance program is promoted through community visits and word of mouth among clients. Initial visits are held in potential communities with leaders and women with an interest in the program. Potential clients learn about ACI-Finance´s loan delivery method through a public orientation meeting that briefs them on loan disbursements and related procedures.
After forming groups of their choice and agreeing on the income generating activity they would like to pursue, our field staff train group members in basic business development skills such as pricing, marketing and quality management. ACI´s field staff facilitate weekly group meetings during which members undertake the responsibility of approving loans and repayments.
ACI participates in a range of social initiatives, organises and conducts various training programmes and workshops for its clients during which members go through additional social development programmes that cover topics ranging from children’s education to health, nutrition and sanitation.
Loan Products:
Our loan products are based on the group and individual lending methodology.
- Group loans - are mainly used by women for income generating activities. Other kinds of group loans offered by ACI-Finance(U) are educational loans.
- Individual loans - are targeted towards small and medium size businesses, regardless of the client’s gender. This secured product was created by ACI - Finance(U) in order to build deeper relationships with clients who had graduated from the group loans and needed bigger loans for business expansion. We also provide loans to salaried employees in semi-urban and urban areas.
- Salary loans - loans offered to salaried employees av reputable organisations / companies in semi-urban and urban areas.
Head Office - MARTYR'S WAY FLAT D4 NTINDA
Branch Office - Mutoola Hse, Ntinda Town Centre, KAMPALA
Join us and make a difference in peoples lives TODAY. ..
Here is how
1
Fundraise
Fundraising is a great way to support ACI (U). You, your friends, community, school or institution can have a significant impact on the lives of the marginalised people and their local communities...
2
Sponsor a child
Many children in Uganda lack access to formal schools. Through child sponsorship you can give them a life time opportunity of getting an education to beat the odds of becoming successful and productive members of their societies.
3
Donate
Your contribution can help to provide shelter, clean water and improved health care for countless needy children and their families.
Assist Prosjekt, Norway
PROCEED ,Austria
Wakiso NGO Forum
Assist Community Initiatives Uganda
P.O.BOX 10237 KAMPALA, UGANDA
TEL: +256 - 414599803 / 200903832
Email. aci.uganda@gmail.com
© 2015 Assist Prosjekt Norge, All rights reserved.