23/06/2026
For home-based workers in Uganda, access to affordable credit is one of the biggest barriers to growing a business. Banks are rarely an option, with strict loan conditions, high interest rates, and a stressful application process. For members of Ngalo Buwereza Organisation (NBO), that is changing.
With support from RAISE, NBO has established its own SACCO, a community-governed savings and credit cooperative serving its 126 member organisations and more than7,000 individual members across Uganda.
The loans are small, often around DKK 850, but the impact is real. A women’s weaving group has doubled the price of their baskets by investing in better materials. A soap-producing group has increased weekly sales fivefold through bulk purchasing and better packaging. A fish-farming group has expanded production while turning waste into compost for vegetable gardens.
Read more about the impact NBO’s SACCO is having on our website. 🔗 https://www.raise.dk/from-savings-to-impact-nbos-sacco-is-putting-capital-to-work/