It is a vital goal of our organization to be self-sustaining. As Ugandans, we do not want to rely on foreign funding. As an organization, we are able to more reliably help our constituents when we are creating our own funding sources. From the perspective of Ella and Jamie – these two have spent their 20’s fundraising 20,000 a year – mostly having to pay out-of-pocket. In a decade when most are studying, figuring out their careers, or saving for a house, our two co-founders have spent this time sending their money abroad to support the project.
However- this could be our last year of fundraising!
With enough loans in circulation, the monthly interest from our Uplift program will cover our operating costs. With your help, this can happen in the next 12 months!
We currently have $9,000 in loans in circulation. We are looking for a $12,000 donation to the loan project, to start 2024 with $21,000 of loans in circulation. By the end of 2024, this will have compounded enough interest to reach $32,000. With $32,000 of loans in circulation, we will be earning over $1,600 a month in interest. Guess how much our operating costs are? $1,600 per month.
Yep, you read that right. After 9 years of fundraising, the Hope Center is finally reaching our goal point, providing we are given this $12,000 donation.
Because this money can’t be disbursed overnight, we still need to cover the operating costs of the entire year of 2024. This allows the interest to compound on the loans while we support our staff and beneficiaries. We are looking to raise an additional $19,200 to cover the operating costs of the center for the entire year of 2024.
Our total ask is $31,200. If this money is raised through GlobalGiving, the platform will take a %15 fee which adds up to $4,680. Therefore, we rather raise the money through direct donations. Please Venmo @HopeCenterGulu to help get us closer to reaching our FINAL FUNDRAISING GOAL!
Woop Woop! Feel free to check out our pitch, give us feedback on it, or share it on. We know now is a great time of year for Corporate Social Responsibility budgets to find their final recipients, or for generous people to gift donations to loved ones who share their hope for a better world.
Hope Center Uganda 