Life Skills Microfinance Fund

04/19/2020

In times like this Uganda can raise up and do much more to adequately feed her son's and daughters. Please politicians , religious leaders ,Elders pay close attention to the trust invested in you by the Ugandan people. For God and my country.

08/08/2019

Life skills Micro finance fund.AKA Bwaise savings and credit society.
Our Vision
Spiritually empowered and economically stable, self-reliant and transformed families, communities .
Our Mission
Working to empower families, communities through microfinance and provision of integrated, holistic services.

Life skills will practice microfinance in a fundamentally different way than other microfinance institutions. Instead of simply offering financial services for profit, we want our presence to stimulate spiritual transformation, Behavioral change and economic stabilization. By ministering to our clients, offering business-growing lending and savings products, and assisting the development of microenterprises, we hope to empower the families, communities and churches we touch. We seek not only to assist our clients, but to partner with them in advancing economical skills in rural villages of Uganda.
To accomplish this mission, we focus on three pillars of service:
Spiritual Transformation/behavioral change
Microfinance
Training
Empowerment through Spiritual transformation/behavioral change.
We consider our mission to address the spiritual poverty and disconnectedness from God in northern Uganda as the undergirding motive for all our services. Seeking both to bless communities with economic empowerment. Our loan officers personally visit and support every life skills client. By sacrificing efficiency and revenue to make partnerships for real transformation, we hope to strengthen existing ministries and bolster our clients to become agents of transformation themselves. We accomplish this mission in several ways.
Life skills will interweave client training with biblical money principles, such as biblical work ethic, leadership, stewardship, and planning, being sensitive to the fact that some of our clients are Muslim, we represent Christian values to all clients without marginalizing anyone. We understand spiritual transformation starts with small steps: building close relationships, empathizing with clients, and being living demonstrations of Christ’s character.
To continue making Christ central in our client relationships, once a month we will assemble in a Life skills staff-client fellowship, which will include guest teaching, worship, prayer, testimonies, and dancing. Life skills brings its entire community together. – clients and staff will share prayer requests, praises to God, and life troubles. We look for every opportunity to bond with our clients in a reciprocal effort to seek God together.
Life skills also recognizes the importance of local Christian programs, which we support by donating 20% of interest revenue
Empowerment through microfinance
We believe that responsible lending to the materially poor empowers them in ways that conventional relief and rehabilitation efforts cannot. The savings and microcredit services we provide are a hand up, not a hand-out, that help individuals in our community become self-reliant.
Our primary focus at life skills is reaching as many materially poor people as possible who don’t have access to traditional banks. Our flagship product, microcredit loans, is a service that provides existing business owners with loan capital to help their business grow. We focus on giving to businesspeople that can demonstrably improve their income generation and grow their businesses through our loans—by helping business owners with viable ideas, our microcredit service is helping the small business economy in some villages grow, one individual at a time.
We will also offer savings products that provide the long-term build-up of assets that many micro-entrepreneurs lack, due either to inadequate access to formal savings or inadequate understanding of the value of saving.
We will attach compulsory savings to our loan product and provide voluntary savings that create a safe and convenient way to deposit and withdraw funds. These programs will help our clients develop an understanding of the advantages of saving.
Empowerment through training
Entrepreneurs often desire more formal business training—what we call microenterprise development (MED). By bringing business and entrepreneurship training to clients that depend on their small business for survival, we empower them in ways that most financial institutions do not.
The group meetings and client orientations required by our microcredit service provide an ideal training ground, which we use to give clients relevant training to help them grow and plan their businesses more effectively. Using the business training curriculum from our affiliates and trainers, we have developed overtime, we try to give our clients the tools to succeed. From simple bookkeeping to creating a business plan, we help our clients run more reliable businesses that are less likely to default on loan repayments and less likely to falter when market conditions change.

08/08/2019

Investment
To invest is to allocate money (or sometimes another resource, such as time) in the expectation of some benefit in the future. In finance, the expected future benefit from investment is a return. The return may consist of capital gain and/or investment income, including dividends, interest, rental income etc.

06/09/2019

Donot give up .you are almost there.

04/04/2019

Savings is critical to both individuals and households, especially in developing countries like Uganda where incomes are often extremely volatile and generally seasonal; i.e., most households depend upon some form of agricultural production to meet the majority of their yearly financial needs. Therefore, the existence of savings provides these individuals and households with the means to meet both expected and unexpected future financial obligations, as well as providing funds for investment opportunities.
Research findings indicate that individuals generally desire to save for one or more of the following objectives:
• To accumulate wealth to finance the household’s long-term goals, such as social and family obligations, religious purposes, inheritance for the children, and the purchase of consumer durable goods;
• As insurance against illness, disease, retirement, sudden income losses, and other emergencies and contingencies that may occur in the future;
• To safeguard (smooth consumption) the household against uneven income streams due to seasonal variations in rainfall and/or other climatic conditions that affect the annual agricultural production cycles;
• To safeguard the household against uneven income streams due to cyclical variations in the business cycle and the demand for the business’s products or services;
• To save for future investments in their own or a family members’ education; and
• To save for future investment in their business activities.
It is important to distinguish between financial obligations (household expenses, school fees, medical expenses; etc.) and investment opportunities (agricultural inputs, trade stock, tools and machinery, etc.) because each requires a different type of savings product.

12/27/2017

12/27/2017

Life skills investment club will practice microfinance in a fundamentally different way than other investment club .

12/27/2017

The Life skills Microfinance Fund. (FUNDRAISING)
LSFI (Life Skills & Family Initiatives) develops and implements programs that improve and expand access to primary education, basic health care and income generation for rural communities in developing countries especially Uganda.
Our goal is to support an environment in which individuals from the poorest communities can have equal access to basic social services while equipping them to acquire life skills to participate in the processes that enhance sustainable livelihoods’
Many people in Uganda and other East African countries survive on 0-$2.50 a day or less. They are the world’s forgotten people, living in remote, faraway places where traditional banks either don’t exist or won't trust them.
A small low interest loan from life skills savings and credit and its affiliates can change their lives and give, many a chance to make their hard work more profitable and improve their lives and their families’ lives.
Join with other Life skills members to help the poor small entrepreneur in Uganda and Kenya to help themselves through microfinance loans. Our goal is to raise funds from our friends and through our income generating projects conducted by the Life skills health care training department.
These funds will be invested through socially responsible investment initiatives in various communities.
By donating the Microfinance Fund, you receive a multitude of benefits. Your donation will.
1.immediately strengthens and helps the small entrepreneur to do business and improve their lives while the income from loans will provide ongoing income for the life skills programs.
2.) Your donation will support a
proven and sustainable form of poverty alleviation and economic growth programme.

Give a man a fish and you feed him for a
day. Teach him how to fish and you feed him for a lifetime