From Struggle to Success Through Microfinance
Meet Ahimbisibwe Mariat, a 60-year-old grandmother from the Rukungiri District in Uganda. Mariat’s journey from financial struggle to successful, small business owner demonstrates the profound impact that financial inclusion and training can have on families experiencing poverty.
“Before joining the Kigiro granny group, I struggled to meet the basic needs of my family such as paying for my two grandchildren’s primary school fees, aged 5 and 10. I had no stable sources of income and lacked business skills and knowledge.”
The turning point came when she joined Nyaka’s grandmother support program, which receives funding from a WE grant. Through this initiative, Mariat received comprehensive training in financial literacy and business management. She also received a UGX 500,000 loan (approximately $139 USD) from WE funds. Applying the financial knowledge and skills gained from the Nyaka grandmother team training, Mariat established a small retail shop in Ikuniro Trading Centre in Rukungiri district.
The results have been remarkable. Through diligent application of her savings and bookkeeping knowledge, Mariat’s business has flourished. She now earns a monthly profit of UGX 100,000 (approximately $28 USD) and has increased her savings to UGX 2,000,000 in capital (approximately $545 USD).
“Thanks to Women’s Empowerment funds, my dreams have become a reality, and I can now pay school fees for my two grandchildren and provide for basic needs, while repaying my business loan. I am deeply grateful to Nyaka and Women’s Empowerment for this opportunity.”
About Nyaka:
Nyaka, WE partner since 2014, works with communities to nurture and protect children so they can learn, grow, and thrive. WE supports Nyaka’s Grandmother program, which recognizes the critical role grandmothers play in caregiving, while addressing issues including gender-based violence and poverty through microloans and comprehensive training.
With WE’s support, the number of grandmothers accessing microfinancing, training, and ongoing support increases each year. These remarkable women have significantly improved household incomes and their grandchildren’s wellbeing, maintained children’s school attendance, and developed valuable financial literacy skills.
The program demonstrates exceptional impact: for every $40 invested in a grandmother-led household through this program, there is a 285% return within just 36 months—proof that supporting grandmothers like Mariat creates sustainable, multi-generational change.