They believe in empowering Ugandans to overcome poverty through a variety of mechanisms, including micro lending to establish small businesses. Since 2013, The Greater Contribution has provided funding for their micro loan program, which provides education, training and support for borrowers, which TGC believes are essential to the ultimate success of borrowers’ businesses.
PIT-TEK Women’s Association of Jinja
A community-based organization founded by women refugees, to support women refugees who fled their homes in Northern Uganda during the many violent conflicts. All lost their homes and, many, their husbands, becoming the sole support for their families in a new village. Originally pooling their slight savings together to provide loans to one another, The Greater Contribution stepped-up to ensure that all members of the group had the opportunity to receive valuable, life-changing micro loans.
Volunteer Action Network(Vac-Net)
Our very valued partnership with The Volunteer Action Network (Vac-Net) has allowed us to extend the reach of our micro loans into Northern Uganda. Vac-Net is a Ugandan non-profit that provides critical knowledge of local culture and customs enabling us to provide economic interventions that reduce vulnerability to poverty, disease, hunger and illiteracy and which contribute to creation of women’s empowerment in Northern Uganda. In addition, we are grateful to Vac-Net for the free use of office space, the assistance to our staff on the ground including training and development and for their ongoing advice and coordination of our program.
International Monetary Fund
In April 2020, the International Monetary Fund provided a $10,000 grant to TGC for our Micro Loans for Macro Change program. We are grateful for these funds to further sustain loans for our current borrowers and provide loans to new borrowers. Additionally, the grant will allow recovery of women’s businesses post-COVID-19.
The International Monetary Fund promotes international financial stability and monetary cooperation. It also facilitates international trade, promotes employment and sustainable economic growth, and helps to reduce global poverty.