The Savings and Internal Lending Communities (SILC) initiative has played a pivotal role in improving the livelihoods of beneficiaries in the USAID KCHS project. With 15,200 caregivers enrolled, SILC groups have saved an estimated 4 billion UGX, providing these families with crucial financial resources. This model allows members to pool their savings and access loans at affordable interest rates, enabling them to invest in education, healthcare, and small businesses.
The impact of SILC is far-reaching. Many caregivers have used the loans to start or expand small businesses, improving their economic independence. One caregiver shared, “I used the money I saved to start a small business, which has helped me support my children better.” This empowerment enables families to meet their children’s needs, including schooling and healthcare, which are often significant barriers in vulnerable communities.
Meanwhile, Michael Ntanda Byamukama, Country Director of REPSSI Uganda, shared that the USAID KCHS project has significantly empowered vulnerable families. “Through SILC, caregivers are now financially independent, supporting their children’s education and healthcare.” He added, “Over 1,000 children have received child protection services, and MHPSS support has helped survivors of violence heal.” Ntanda emphasized, “The project is fostering hope and resilience, enabling communities to improve their futures.”