Help Create Decades of Opportunity, Not Poverty.
Decades of civil war in Sudan has left the country devastated. We believe that micro loans have the ability to support people through this situation, enabling them to sustainably work their way out of poverty and give long-term hope to the future generations.
The project will be ongoing until our Field Partners in South Sudan and Uganda are self sufficient.
Increased tensions in Sudan in the past two years have seen more than 200,000 people flee into neighboring Uganda, often into the slums of Kampala, and more than 1,000,000 Internally Displaced Persons (IDPs) in South Sudan alone. At least half of these refugees are women and more than 40% are younger than 11, with many being victims of sexual violence and facing barriers to social and economic development.
Deki offers life changing loans to Refugees and IDPs and combines this with business training and ongoing technical support in order to increase the productivity of their business. Through an increased economic income, our entrepreneurs have the ability to support their extended family and lift others around them out of poverty. This will be demonstrated through improved communal access to clean water food, education, healthcare and employment.
To provide micro loans to 1,500 Entrepreneurs
Activities» Develop the technical infrastructure between Hope Ofiriha and Deki.
» Source loan capital via our peer to peer crowdfunding website.
Success will be funding 1,500 Entrepreneurs in a variety of business ventures.
To sustainably maximize the economic income for funded Entrepreneurs.
Activities» Develop the business training given to Entrepreneurs so loans are invested in a strategic and risk aware fashion.
Success will be demonstrated by an overall loan repayment rate higher than 98% and Entrepreneurs applying for a second loan following a successful first loan.
Make a positive impact on the Entrepreneurs families and those within the wider local community.
Activities» Monitor and evaluate the data collection from the Progress out of Poverty (PPI) systems within the project.
Success will be demonstrated by Entrepreneurs families and wider community having improved access to safe water and food, education, healthcare and employment.
This project will provide the opportunities for individuals, families and whole communities to lift themselves out of poverty.
This project will also build the capacity of our field partners Hope Ofiriha. We will be working with them to build their own self sufficiency, so like the entrepreneurs they support, they will be able to grow and flourish under their own efforts, and with their own resources in the future.
A potential risk is a lack of loan capital to lend to Entrepreneurs. Deki has over the years generated a committed and dedicated network of lenders which helps to mitigate this risk. With over 2,400 lenders and rising, the loan capital is generated via our crowdfunding website.
Another potential risk is that loans are not repaid according to the repayment schedules. To overcome this, Entrepreneurs are interviewed prior to receiving a loan and provided on going technical assistance.
Donors will receive bi-annual updates outlining the impact the micro loans are having, the number of Entrepreneurs funded and the development of Hope Ofiriha's capacity.
Budget - Project Cost: £20,000Loading graph....
Amount Heading Description £12,000 Field Partner Expansion Developing their technical, environmental and scientific expertise and infrastructure. £4,000 Impact Assessment Monitoring and evaluating impact of micro loans using PPI £4,000 Fellowship Training Training workshops for Deki Fellows who voluntarily take part in the Impact Assessments
Increased tensions in Sudan in the past two years has seen more than 200,000 people flee into neighbouring Uganda and more than 1,000,000 people displaced internally in South Sudan alone. At least half of these refugees are women and more than 40% are younger than 11, with many being victims of sexual violence. In some areas more than 78 percent of school age children are not accessing any form education due to a lack of income to pay for school fees.
The primary beneficiaries are the individual Entrepreneurs who receive micro loans. The secondary beneficiaries are the families and communities members connected to funded Entrepreneurs. On average, an additional six people are positively influenced. The tertiary beneficiaries are Hope Ofiriha, our field partners, as the capacity and expertise of their operations will be developed.
Founded by Bristol’s award winning Vashti Seth, Deki was the first charity in the UK to raise loan capital through lenders and donors on its crowdfunding website deki.org.uk. Since the charities inception in 2010, Deki has implemented the '100% model where all the the funds lent go directly to the Entrepreneur.
Read more about the Charity running this project.
Kathie is the Operations Director at Deki
Vashti is the CEO at Deki
William Logai Ochieng
Executive Director at Hope Ofiriha