I am 22 years old young entrepreneur operating a small stationery with in the slums of Bwaise. Being a young and determined young lady, I had to find means of earning a living and support my family in financial terms. With this, I had to look for money to start up a stationary since I had acquired some computer skills. At First, I was just employed and had saved at least 600,000/= which I used as starting capital. I bought a computer and started printing, typing and photocopying services. This enabled me to earn a living and also take care of my family however my business was not in a good condition since I made huge losses due since I was lacking some business skills.
In June 2014, I heard about a training of young entrepreneurs which was organized by Somero Uganda and it was free of charge, I decided to make use of this opportunity since I had started t a small business but running it unsuccessfully. I had to find ways of acquiring knowledge and skills on how to manage a business. Before the training, I used not to separate the personal and business savings, but currently I have the two different savings and with business I save 3000/= per day as I narrate now I have 300,000/= as business savings planning to buy another computer for my secretarial exercises. This has lessened the huge losses I used to incur.
The only challenge am facing today is a saving group to be part and am not ready to start one now but hopefully I will work on that in the near future. I have also started a culture of book keeping and this has been as a result of the trainings I got.
Thank you so much SOMERO UGANDA and HUYSLINCI the supporting organization.