Britain Funds Sh960m Slum Housing Project
Oct 28, 2003
The British Department of International Development has injected an estimated sh960m in a slum housing project aimed at alleviating poverty in Uganda.
By Moses Nampala
The British Department of International Development has injected an estimated sh960m in a slum housing project aimed at alleviating poverty in Uganda.
The country co-ordinator of the City Community Challenge (C3) project, Raphael Magyezi, said this last week during a C3 conference at Mpumudde-Kimaka in Jinja Municipality.
The pilot project aims at improving the livelihood of the poor communities through creating avenues to access credit.
It also aims at transforming accommodation in slums through offering the residents long-term loans.
“We have given priority to only under-privileged communities who are capable of paying back and who have identified viable economic ventures, because money is a revolving fund,†he said.
The project operates in Kawempe Division, Kampala and Mpumudde, Jinja.
Magyezi said of the 60 low-cost houses so far constructed since the project started two years ago, 40 are in Mpumudde.
He said 3,000 people received micro-credit services from the scheme.
Magyezi said the beneficiaries take over ownership of the sh3m-worth house after paying the sh500,000 credit in seven years time.
Magyezi said the beneficiaries were encouraged to invest in productive activities.
He said scarcity of land in Kawempe hampered the work.
Ends
The British Department of International Development has injected an estimated sh960m in a slum housing project aimed at alleviating poverty in Uganda.
The country co-ordinator of the City Community Challenge (C3) project, Raphael Magyezi, said this last week during a C3 conference at Mpumudde-Kimaka in Jinja Municipality.
The pilot project aims at improving the livelihood of the poor communities through creating avenues to access credit.
It also aims at transforming accommodation in slums through offering the residents long-term loans.
“We have given priority to only under-privileged communities who are capable of paying back and who have identified viable economic ventures, because money is a revolving fund,†he said.
The project operates in Kawempe Division, Kampala and Mpumudde, Jinja.
Magyezi said of the 60 low-cost houses so far constructed since the project started two years ago, 40 are in Mpumudde.
He said 3,000 people received micro-credit services from the scheme.
Magyezi said the beneficiaries take over ownership of the sh3m-worth house after paying the sh500,000 credit in seven years time.
Magyezi said the beneficiaries were encouraged to invest in productive activities.
He said scarcity of land in Kawempe hampered the work.
Ends