TingaTinga Capital’s pilot investment, which is initially structured as a low-interest loan, is in ILA Uganda (“I Live Again”). The TingaTinga team believes ILA is the ideal strategic partner for implementing our vision on the ground. The operations of ILA are primarily two-fold. First, the ILA team provides trauma counseling services to individuals in Northern Uganda who have suffered life-shattering loss of family, shelter, and earning capability as a result of a 25-year civil war. The counseling takes place in a group setting, where deeply battered individuals rekindle hope for the future within the context of a community.
As ambition for life is restored, the participants in the program assess their own practical skills and capabilities. ILA then partners with these individuals to develop those unique talents into income-generating enterprises, and provides the initial funding required to get these micro-projects off the ground. To date, ILA Uganda has made over 80 loans to entrepreneurs in the Gulu region, and every single borrower has repaid without default.
ILA is run by a trusted colleague of the TingaTinga team, Benson Ocen. Benson is a native northern Ugandan with deep domain expertise in post-war community development and economic recovery. His passion, actionable vision, and diligence in execution have earned him the respect of the TingaTinga team. In addition, his personal warzone experience uniquely positions him to work hand-in-hand with and understand the needs of ILA participants.
TingaTinga’s vision for our partnership with ILA is to implement the scaling of income-generating activities, which will provide steady income for ILA program participants and, in turn, TingaTinga with capital for further projects.