From Teen Mothers to Business Owners

by Apiyo Oweka-Laboke on 14/05/2015 No comments

Fontes Foundation seeks partners to support single mothers with low-interest loans for their start-up businesses.

(Caption above: Facilitator Mme. Mirembe, from Makula salon in Mulago, guides a student in the process of making a Swahili plait on her model.)

Uganda is the country with the highest teenage pregnancy rate in sub-Saharan Africa, according to The German Foundation for World Population (DSW). Naturally, these teen mothers constitute the bulk of the drop-out rate in schools and are therefore the target group for the Single Mothers Programme (SMP) at Potentiam Youth Development Centre. The programme was designed to support teen mothers and help them obtain basic training and marketable skills they later can use to set up small businesses and support their families.

The Centre has facilitated over six workshops since August 2014 and supports over 40 women each month. In addition to the training, childcare services are provided so that the women can remain uninterrupted by their children during sessions. We are approaching Phase II of the programme, which involves supporting the women to set up micro businesses.

We are currently seeking partners willing to provide start-up financing for the women in the form of low-interest loans. The businesses require a low start-up income between 150 and 1500 USD and the interest rate should be between 8-10%, to ensure that the project is sustainable.

Apiyo Oweka-LabokeFrom Teen Mothers to Business Owners

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