Financial Innovations for Poverty Action (FIPA) in a social enterprise that was formed in 2013 and later incorporated 2015 as a Company limited by Guarantee Reg. No. 212133. FIPA operates both in rural and urban communities targeting youth in formal and informal employment with tailored Financial and Agribusiness Services targeting their specific needs in Central, Northern and Western Uganda.
FIPA is a Small and Medium Enterprises (SME) specializing in Financial Management based on our unique Village Savings and Loans Association model since 2013, Micro-insurance Management, and Agribusiness enterprises including on Farm incubation, capacity building and value addition in targeted enterprises mainly white meat value chain, maize value chain and vegetables
FIPA works with a large network in the following Areas of Focus;
- Youth and Women Savings and Loans Associations based on Village Savings and Loans Associations (VSLA) methodology
- Micro Insurance services as a safety net to vulnerable youth, elderly, teenage mothers, and women
- Agribusiness development and capacity building apprentice program in our selected villages
Agribusiness Strategic Focus
Make Profit, re-invest profit into social entreprises to create and improve opportunities to accelerate youth and women to start their own business.
The Business Apprentice program in our selected villages. It runs for 5 -10 weeks equipping and coaching youth to run an agribusiness and the profit accrued enables youth to graduate with a startup pack. A group of 6 youth are incubated from a Village and they later form groups that are value chain linked. The Youth Agriprenuer Feeder, Youth Agriprenuer Producer, Youth Agriprenuer Marketer, Youth Agriprenuer Transporter, Youth Agriprenuer vendor and youth Agriprenuer Health Promoter.