Monday, September 24, 2012

A new project on the way - hopefully

The last month has been full of paperwork!

We have just applied for funds for Hands of Hope through a danish organization called CISU, which is a danish abbreviation for "development in civil societies". 

At the so-called "NCD-meeting" in Denmark in march, Phibby from Hands of Hope and SFOF was introduced to CISU. The idea to apply for funds through CISU was born at this meeting. In the photo: Parliamentarians from Uganda listen to a presentation at the NCD meeting in Copenhagen
This is the idea: 

We want to combine a microfinance-project and a health-insurance-project. 

Microfinance
We are applying for funds for microfinancing. If we get the amount we are applying for, SFOF and Hands of Hope will be able to help 8-10 women groups in the Tororo area by lending them money at a very low interest level. The money will be used for investments in income-generating activities. 

An income-generating activity can for instance be buying 2 goats or pigs to rear and sell the meat - generating money for the group. It can also be investing in sewing machines, so that the group can produce clothes and sell them on the market. Anything which helps the group making some money. 

Health insurance
If a groups recieves a microfinancen-loan, it will be a condition for the loan, that they also start a "group-health-insurance".

The concept is that each group recieves a "start-up amount". Once it has been started all members of the group will contribute with a little bit of money each money for the insurance. 

in that way, when someone in the group needs hospital treatment, it will be possible to help that person. 

It is a very simple concept - we hope that CISU will find that it is a good idea!
IF we succeed in getting the money, we will be able to help A LOT of women, since each group has around 30-40 members. 

Wish us luck :-) 

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