Introduction
In Bwaise 1, unpredictable incomes and limited banking services leave families vulnerable. United for Growth Bwaise’s Village Savings and Loans Associations (VSLA) offer a grassroots solution—youth and women pool small savings, access interest-free loans, and invest in small businesses. VSLA groups in Kampala’s Bwaise are driving financial inclusion and community solidarity.
VSLA Model: Savings and Loans for Bwaise Families
Members commit to weekly savings (UGX 1,000–5,000).
Loan requests are voted on by the group, with clear, low-cost repayment plans.
Quarterly “Share-Out” events distribute accumulated savings and interest.
Financial Literacy Training and Money Management
Workshops cover:
- Basic bookkeeping and ledgers
- Budgeting for household needs and emergencies
- Business planning for small enterprises
Real-Life Impact: Stories from Bwaise 1 VSLA Groups
Mama Amina used her first loan to expand her roadside market stall.
Youth group “BrightStart” financed two tailoring machines, training ten apprentices.
Collective savings of UGX 22 million now fund local school fees and healthcare.
Steps to Start Your Own VSLA Group in Kampala
- Gather 10–25 interested community members
- Elect a chairperson, treasurer, and secretary
- Set group bylaws on savings amount and meeting frequency
- Attend our free VSLA formation workshop every first Friday
Support and Partnership Opportunities
Local businesses can sponsor seed grants and training materials.
Volunteers with finance or bookkeeping backgrounds are urgently needed.
Connect at info@unitedforgrowthbwaise.org to empower Bwaise families today.