Usage of financial services in Kyasenya Village generally remains low, resulting in large numbers of people being excluded from services that could improve their livelihoods. The poverty rate in this area has been high and people were struggling to educate their children or buy basic home needs. But this is changing because of the presence of Kisoboka Africa School Community Bank (SCOBA) in this …
These women have found a way with Kisoboka Africa through the Sch*ool Community Banks(SCOBA) Model, They are saving for their dreams and changing their communities for the better. The organisation has so far started more than 90 groups in the rural communities of Lwengo. SCOBAs bring together community members together on a weekly basis to save together and practice strategies …
In 2015 while working with rural schools in Lwengo District and Lyantonde district, our co-founders realised most children where droping out of schools because their parents had no savings, lacked sustainable sources of income and their families were in dire poverty. This problem is not unique to Lwengo District in Uganda. Reports from the Centre For Financial Inclusion indicate that …
