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Youth and Access to Rural Finance in Uganda

“I, Oluka Robert, commit myself to apply the knowledge I have learnt from this cash flow training to implement it in my existing business of money lending in the community where I come from, Ocelakur Sub-County in Kalaki District.”

This is the pledge that Oluka made right after he participated in our training on how to prepare and to use cash flows for income generating projects; a training that is part of “Module 4: Initiating and Sustaining Innovations for Positive Change in Rural Uganda” of our “Mentoring young adults into innovators against poverty” project.

All who are familiar with access to rural and agricultural finance, or the lack of it thereof, in rural Uganda will appreciate that the services of a money lender are often welcome in a rural setting, such as of Oluka’s community, Ocelakur.

Oluka Robert in his motorbikes spare parts retail shop in Lira before the COVID-19 pandemic. He has since closed the shop, because of the lock down restrictions that made it cost effective for him to relocate back to his home community.

It is not expected that Oluka will give out interest free loans to members of his community.  However, it is our expectation that among his products will be those that are accessible to the active poor in his community.

It is our expectation that Oluka will strive not to be like the Biblical money lender, who, as described in Proverbs 22:7 is like “the rich rules over the poor, and the borrower is the slave of the lender.”  Oluka should run his business in such a manner that it is viable, but that it is also socially responsible, we hope.

Oluka Robert at the Lira Learnng Centre during the training on cash flows.

And it is against this background that we, at CPAR Uganda, are cheering Oluka on and we look forward to receiving his planning documents for his money lending business for our review and support.

Profile image of two women transacting @ Norah Owaraga

3 responses to “Youth and Access to Rural Finance in Uganda”

  1. Thank you Robert, your lending business has been one of my business ideas whom I wanted to start but still not losing the interests, only that am still weighing in many things inside the money lending business and how best and at what angle I should approach or start it. Wish you the best.


  2. This montorship program turned my way of looking at poverty like turning away from sin to Christ.I strongly believe, I just need some little period of time to disapprove poverty. Hopefully money lending business will not only transform my life but also the community I live at large.


  3. Well done Robert
    We need people like you in our communities if we must fight poverty in the rural areas and achieve our goal .
    Looking forward to field visits in your locality

    Best of luck

    Liked by 1 person

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