IHP Revolving Loan Fund Supporting Women
Changing Lives of Women
When we support women, we improve the lives of the entire household
IHP Revolving Fund was established by GHL and IHP on 14 November 2017
GHLiaisons loaned IHP 1,400,000 UGX for the IHP loan program in 2017. Small loans were made at a rate of 8%. The Interest earned is divided 6% to IHP and 2% to GHLiaisons, which are used to support staff.
The purpose of the revolving fund was to provide community members with easier access to capital for small projects such as home or business improvements or development.
Global Health Liaisons provided IHP with start-up funds to begin the loan program. Global Health Liaisons brought IHP together with the "a Richer Me, Inc"
Partnering for Growth
Founder of the www.aRicherMe.com stores has an e-commerce store www.anecklaceforme.com . The A Necklace for Me is Freedom for Her initiative will be dedicating part of every sale to programs like the IHP Revolving Fund. IHP will increase the number of loans they can provided. Each loan helps a woman to live a richer me life.
Revolving Loans Success Stories
Agnes started her own vegetable stand with the money she borrowed from the Ishaka Health Plan.