Category: Blog

Tukulakulane Mayira School Community Bank(SCOBA) began as a simple savings and credit group under SCOBA project in 2020 with a shared vision of improving household incomes and strengthening financial discipline among its members. Like many SCOBA groups, members started by making regular contributions and supporting one another through small loans and financial guidance. From Savings to Sustainable Investment: As time …

In a country where only 2 in 10 adults in rural areas are able to save, Shanibah Nakisekka, a 10-year-old Young Savers Club participant, shattered all limitations last year – saving over Ug Shs. 410,000! Shanibah is a 10-year-old Primary Four student and member of one of our Young Savers Club. Through the club, Kisoboka Africa has taught her to …

In the rural villages of Lwengo District in Uganda, we are observing a quiet revolution is taking place, empowering women, opening up economic opportunities, and paving the way out of poverty for many. This revolution has a name: Kisoboka Africa’s School Community Banks. As a nonprofit, we have been working tirelessly to promote financial inclusion in underserved communities across Uganda. …

By Kisoboka Africa For vulnerable groups struggling with poverty and income inequality in rural Lwengo, Uganda, financial inclusion can be a crucial bridge to a brighter future. By offering individuals and families support and tools to save their hard-earned money, they can build resilience and savings to prepare for shocks or invest in their income-generating activities. Financial inclusion equips these …

Kisoboka Africa is transforming rural communities in Uganda through creating School Community Banks (SCOBAs) & promoting saving. In these SCOBAs, community members save together & access funds to start income-generating activities & support their children’s education. The organisation has started over 100 Saving groups (SCOBAs) in over 50 villages across Lwengo district. One such a community is the one in …