AIG, FINCA boost women
Mar 18, 2007
THE visiting president of the AIG accidents and health division, Julio Portalatin, has pledged more support to FINCA Uganda to help women improve household incomes by adopting the saving culture and borrowing.
By Jackson Oboth
THE visiting president of the AIG accidents and health division, Julio Portalatin, has pledged more support to FINCA Uganda to help women improve household incomes by adopting the saving culture and borrowing.
Portalatin, who visited the FINCA Village Banking Group in Kisowera, Mukono last week, listened to success stories of some of the members of the group attributing their successes in business to the village banking scheme.
Hajjat Lukiya Namuddu, 60, of Nalya Village in Kisowera, Mukono, said she has been able to improve her business after borrowing sh600,000 from the scheme. This has enabled her to look after her eight orphaned grandchildren.
Betty Namuswa, the FINCA Kisowera chairperson, said the group has 35 members who meet regularly to pay back the loans and share experiences on what affects their group, businesses and other social issues like HIV/AIDS prevention, sanitation and how to improve their businesses.
Portalatin hailed the group for embracing the scheme.
and being faithful members united to front the growth of each other.
“As you struggle to fight poverty out of your community, you can count on AIG and FINCA to continue helping you grow and become even enlightened to improve on your future and that of your children,†Portalatin said.
Swabrah Scovia, the FINCA public relations officer, said their have been partnership with AIG for 10 years.
THE visiting president of the AIG accidents and health division, Julio Portalatin, has pledged more support to FINCA Uganda to help women improve household incomes by adopting the saving culture and borrowing.
Portalatin, who visited the FINCA Village Banking Group in Kisowera, Mukono last week, listened to success stories of some of the members of the group attributing their successes in business to the village banking scheme.
Hajjat Lukiya Namuddu, 60, of Nalya Village in Kisowera, Mukono, said she has been able to improve her business after borrowing sh600,000 from the scheme. This has enabled her to look after her eight orphaned grandchildren.
Betty Namuswa, the FINCA Kisowera chairperson, said the group has 35 members who meet regularly to pay back the loans and share experiences on what affects their group, businesses and other social issues like HIV/AIDS prevention, sanitation and how to improve their businesses.
Portalatin hailed the group for embracing the scheme.
and being faithful members united to front the growth of each other.
“As you struggle to fight poverty out of your community, you can count on AIG and FINCA to continue helping you grow and become even enlightened to improve on your future and that of your children,†Portalatin said.
Swabrah Scovia, the FINCA public relations officer, said their have been partnership with AIG for 10 years.