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Posts Tagged ‘financial empowerment’

My name is Paddy Mukasa, and I am a Junior at the University of Strathclyde Glasgow, studying BA Honours Business in Accounting. I am a member of the Strathclyde Harriers (Cross country) team.  Originally, I am from a small town of Katosi, Mukono district in Uganda.paddy-mukasa-photo.png

During my freshman year, I undertook an internship at Crystal Water Solutions, a Malawian start-up. This company was founded by students of the African Business Institute, which kindly matched me to this internship. As this was a new organization, my main responsibility was establishing the book-keeping systems, which involved recording the daily financial transactions of the company in a way that allowed efficient record tracking.  The internship was a great experience because it provided me with entrepreneurial skills and improved my interpersonal skills, while also helping me to apply my classroom knowledge to a real-world business environment, which was a great milestone for me, both professionally and academically.

I am excited to be interning at Women’s Microfinance Initiative (WMI) in Buyobo – Uganda, for the months of July and August! Thus far, I have completed business case studies and have worked closely with borrowers to brainstorm ways that they can improve their business practices. Additionally, I have demonstrated to borrowers how to track their finances so they can maximize income and re-invest in their businesses, and I am currently analysing the savings habits of our borrowers.

I am passionate about the impact of microfinance in my country, and it is my goal to return to Uganda to make a difference in this field after I finish my university studies. This is an amazing opportunity for me to learn the intricacies of microfinance lending in rural areas, and about the daily activities of the women who benefit from the WMI loan program.

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My name is Will Kuenster, and I have just arrived in Buyobo for my two-month stint as a WMI intern. I am originally from St. Paul, Minnesota, so the weather in Buyobo has been a welcome reprieve from the cold and snow!

I graduated from the University of Wisconsin-Madison in December with degrees in Finance and Risk Management. During my senior year in Madison, I was a volunteer intern with Wisconsin Microfinance, which operates small loan hubs in both Haiti and the Phillipines. Through this experience, I came into contact with Robyn and found my inspiration to make the journey to Uganda. Upon returning to the states, I will be starting a job with Deloitte as a Management Consultant in Minneapolis.

During my time in Buyobo, I will be conducting a series of case studies on the successful businesses built by our borrowers, ranging from Pharmacies to Schools to Tailoring Shops. The goal of the studies is to gain an in-depth understanding of their day-to-day operations and see how their businesses fit into and impact their daily lives. Our secondary goal, if possible, is to work alongside the borrowers to brainstorm and implement new ideas to help the businesses improve and grow.

I look forward to sharing the stories of these amazing women!

image1 (1)Will

 

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