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A loan helped to provide clean drinking water access and employment in Western Uganda.
Walter has always had a dream of setting up a water factory in his home town of Fortportal, however upon research, it turned out to be a very expensive venture.
In his own words: “A Jibu franchise offers an appropriate degree of autonomy, cost-effectiveness and a unique product relevant for our times in addition to the enormous support, as opposed to exploitation."
This loan will fund all the necessary costs to get Walter's franchise up and running, including storefront build-out, staff training, support overhead and sourcing including shipping and installation of his Jibu water filtration unit.
Jibu is a social enterprise pioneering a powerful new model that capitalizes and equips entrepreneurs in emerging market communities to own businesses that ensure access to basic human necessities, with water as an anchor product.
The company’s vision is to train, finance and grow a network of co-invested business owners like Walter, who will revolutionize the way critical resources are leveraged to develop essential infrastructure in emerging markets.
You can see Walter in Photo #2. Other photos are customers and employees at Jibu franchises.
Photos by Sandro di Carlo Darsa / Tigre.