Partially paralyzed by polio, Emmanuel never thought he’d see the day that he would walk again, much less be a proud husband, father, and business owner.
Over the past six years, he’s grown his business through Seed Effect’s credit-led microfinance program. He has been able to build a permanent storefront and provide for his family. And all along the way, his faith has been strengthened.
But the indirect impact of war has hit South Sudan hard as hyperinflation has brought increased challenges. Empowering entrepreneurs became increasingly difficult in this ever-changing environment. Seed Effect had to adapt. So we launched a new savings-led microfinance program (link to savings page) to meet these needs. Emmanuel joined one of the first savings groups.
His group meets weekly to pool their savings, and as this pool grows, they lend to each other. They can use these loans to pay school fees, purchase necessities for their homes, or, in Emmanuel’s case, invest in his business.
This new approach holistically empowers the South Sudanese, much like our credit-led program, but is more adaptable, more flexible, and further-reaching.
Emmanuel’s group started meeting in 2016 and he’s already seen growth. He shares, “I now have a real family that God himself has formed. Now I have a future for my savings. I will buy food stuff, chickens, goats, and cows to raise and increase my stock in the shop.”