Empower a Community, One Stitch at a Time: Fund a Fashion Micro-Business Today!
Every day, a fashion business owner closes their doors. Imagine what could happen if they had access to the finances and knowledge to thrive. Imagine the ripple effect: children fed, families clothed, and communities empowered.
THE PROBLEM
Fashion businesses comprise 40% of Nigeria's small and medium-sized businesses (SMBs). Yet many of these businesses are financially constrained. Often, their earnings fall below the $30/month poverty line, limiting their ability to grow their businesses and support their families.
OUR SOLUTION
With your support, UFDI helps fashion business owners in local communities improve their livelihoods with the help of funding, business training, and mentorship to expand their businesses and become self-sufficient.
INTRODUCING UFORO BOOST
We match vetted fashion business owners seeking funding with generous supporters who want to fuel their growth. Here's how it works:
Businesses detail their funding needs.
Funders provide these businesses with financial support (from $100 to $2,000).
Uforo Boost goes beyond simply connecting funders and businesses. We foster a sustainable cycle of growth through a unique funding model:
50% Grant: Directly empowers businesses to achieve their goals.
35% Credit: Repaid forward to support the pre-listing education of another entrepreneur.
15% Support Package: Equips grantees with essential tools like business education, mentorship, and financial management technology to ensure long-term success.
HOW CAN YOU & YOUR FRIENDS SUPPORT?
Browse profiles of business owners requesting a Uforo Boost. Learn about their goals & challenges and determine who to support.We will keep you informed with transparent updates and monthly progress reports on your chosen beneficiary's journey.
HOW CAN YOUR ORGANIZATION SUPPORT?
Does your organization prioritize economic mobility, women's empowerment, digital inclusion, and education?We can design a partnership that aligns with your organization's values, initiatives, and target population/demographics.
The impact of an Uforo Boost?
Meet Eka, Founder of Secondhand Swagger.Eka transforms secondhand clothes into unique, one-of-a-kind pieces. She sold her creations at the evening and weekend markets. However, she wanted to reach a wider audience and grow her business.With her $700 Uforo Boost, Eka was able to:
Stock down her sewing materials to hedge against the rising costs
Launch a small social media marketing campaign to reach a wider audience
Use the insights from the financial management tool to review expenses and pricing
As a result, Eka's business experienced significant growth:
She increased her sales by 50% within three months
She paid off 70% of her debts
Eka's story demonstrates how Uforo Boost can empower business owners to overcome challenges, achieve their goals, and create an impact in their communities.
PRE-LISTING VERIFICATION
Every business owner in the Boost Catalog has completed our basic training and uses our tool to manage their finances consistently.Being listed on the Uforo Boost means we have verified the business needs, and they are qualified to receive your financial support.Currently, we only support financing for equipment acquisition and digital marketing.
POST-FUNDING TRACKING
Following disbursement, these steps ensure responsible usage and measurable impact:
Receiving the Funds: Signing contracts and disbursement of funds.
Putting the Grant to Use: Allocating funds for the grant's purpose.
Reporting and Accountability: Submitting progress reports.
Maintaining Compliance: Meeting specific requirements.
Long-Term Impact: Business growth and increased revenue.
UFORO MEANS PROSPERITY!
Sign up for progress reports and entrepreneur stories. Here's what you can expect:
Regular updates: Get exclusive insights into the progress of our amazing entrepreneurs and the impact we're making together.
Inspiring stories: You'll hear firsthand from our entrepreneurs about their challenges, wins, and the difference your support makes.
A sneak peek: Stay tuned for upcoming content (we can't wait to share it with you!).
UFORO means PROSPERITY
We help African fashion business owners prosper
Contact: [email protected]
Privacy Policy |Terms and Conditions
© Uforo. All rights reserved.
The Uforo Fashion Development Initiative
DO YOU NEED FUNDING TO GROW YOUR FASHION BUSINESS?
BOOST A FASHION BUSINESS
BOOST A FASHION BUSINESS
Mary needs a shredder machine for her textile recycling business.
Value: $1150
Freelliot, Mary's innovative business, breathes new life into textile waste. She collects textile waste from the streets of Ibadan. Then, she sorts, cleans, shreds, and sells the recycled materials as fillings.
WHY OUR MODEL WORKS
Building a Stronger Fashion Future
Uforo Boost fosters a sustainable cycle of growth through a unique funding model:
50% Grant: Directly empowers businesses to achieve their goals.
35% Loan: Paid forward to support the pre-listing education of another entrepreneur.
15% Support Package: Equips grantees with essential tools like business education, mentorship & technology to ensure success.
Sustainable Cycle of Growth
The loan component creates a self-sustaining system, creating a sense of responsibility for the borrower and ensuring continuous support for more entrepreneurs. So, one grant becomes a catalyst for many more success stories.
Empowerment Beyond Funding
Many fashion business owners have never received formal training or business mentorship. The support package, which equips them with foundational skills, is delivered by the Centre for African Fashion Education and Technology.
Your support goes beyond a micro-grant.
You fuel hope, unlock dreams, empower communities, and transform lives.
UFORO means PROSPERITY
We help African fashion business owners prosper
Contact: [email protected]
Privacy Policy |Terms and Conditions
© Uforo. All rights reserved.
The Uforo Fashion Development Initiative
Mary needs an Uforo Boost
Mary makes quality alternative fillings from textile waste for companies and individuals manufacturing mattresses, pillows, duvets, and chairs.She needs a shredder machine to shred the textile waste. Currently, she does the shredding by hand, which is a laborious process that doesn't deliver the consistent results she desires and limits her earnings.
A shredder would make a significant difference for Mary's business:
Automate the shredding process, freeing her up to focus on other aspects of her business, like sales and marketing.
Increase efficiency, allowing her to shred larger quantities of waste in a shorter amount of time, leading to increased sales.
Produce more consistent shred size and quality, leading to happier customers and repeat business.
Give Mary a Boost
Give any amount that feels right to you.
When you boost a woman, you'll receive monthly heartwarming reports on her progress for 6 months (and even longer if you'd like!).
Mary: from survival to sustainability
Give Mary the tools to transform waste. Invest in her dream of a thriving eco-business that not only sustains her family but empowers others through job creation and financial security.
UFORO means PROSPERITY
We help African fashion business owners prosper
Contact: [email protected]
Privacy Policy |Terms and Conditions
© Uforo. All rights reserved.
The Uforo Fashion Development Initiative
Welcome to our community
We're thrilled to have you on board as we support passionate entrepreneurs on their journey to success. Thank you for believing in the power of entrepreneurship!
Become a partner
Together, we can support committed fashion entrepreneurs on their journey to success.