Revolving Loan changing lives of GBV survivors
Stella Achom is 45 years old and resides in Pamba, in Soroti. She is one the GBV survivors who benefited from Revolving Loan of IYAU. Stella separated with the husband because he used to torture, not buy food for the children and he had got another wife. The husband abandoned her with seven children whom she struggled to bring up and educate. She was engaged in brewing local brew called “Ajon” for sustaining the family but she had little capital for buying enough bags of millet for expanding and increasing her sales. A friend of hers who had benefited from IYAU revolving loan told her of the opportunity and she was considered after due diligence was conducted.
I was given training on start and improve your business and after successfully completing the training, I was given an interest free revolving loan of 250,000 Ugx which I used for buying 250 kg of millet for expanding my business. On daily basis, I fetch 150,000 Ugx from my business; I was able to pay back the loan in one months’ time which was given to another GBV survivor. Proceeds from the sales have enabled Stella to pay her rent bills and take care of herself and take her children to school that her husband left her with.
“I want to take this opportunity to thank OSSTF and IYAU for the kind support that they have rendered to me with my fellow GBV survivors”.