|
Projects > Uganda_CWM:
Sep12-Jun19 & Nov19-today
|
|
|
The Ugandan
Catholic Workers Movement (CWM), a country-wide-wide operating social
& church association has been founded in 1995 in the diocese Masaka and
is now active in 12 out of the 19 dioceses. Each CWM member belongs to one
Base Group on primary level. These groups are supported through voluntary
Diocesan Executive Committees (DEXCOs) on secondary level and a voluntary
National Executive Committee (NEXCO) on tertiary level. Since 2013 between
10 -20 members within one Base Group each can form a Catholic Workers
Raiffeisen-Savings & Loan Association (CW R-SLA) once a CW-Trainer is
available.
The members save bi-weekly and take or repay loans
every four weeks from the savings plus retained earnings
|
fund following
strict rules as in Village SLAs (www.vsla.net). The original VSLA
methodology has been slightly adjusted and enhanced with the following
fundamental principles. A county-wide three-level federation of CW R-SLAs featuring:
- Monitoring
and monthly internal
audit procedures on all three levels with financial statements and performance indicators
- Business
financial-planning for each loan request
- Linkage
Banking with Centenary Bank Uganda
- Measurable
services paid for by the groups
- Regional trainings of CW R-trainers and auditors within the
federation
|
|
|
|
The
federation is built in analogy to the DGRV-German Cooperative and
Raiffeisen Confederation
|
|
Monitoring of 1st generation of trainers
|
Training of 1st
generation of Analysts = Auditors
|
|
|
|
I.
The deputy record-keeper copies the entries from each
passbook and the notebook into the group savings- & loan ledgers, see
section Recent Developments below
regarding digital group ledgers with automated
audit features and financial statements applied directly on-side
II.
The ledgers are sent to the regional
R-SLA Support Team after each loan meeting
·
Any financial or operational errors are detected by the regional Analysis- & Audit Tool
·
Groups are informed by phone in case of mistakes
·
The resulting financial statements
& performance indicators are shared
with the group
·
Monthly regional reports are
established with the regional aggregation
tool
III.
All regional A&A tools are
sent to the national R-SLA
coordinator
·
Aggregation across all regions takes place within the national Analysis & Audit Tool
·
The national performance
report and its analysis is shared
across the R-SLA federation
|
|
|
|
|
|
Excerpts
from the national financial
performance report displaying some key indicators from six regions
|
|
|
|
|
|
|
A CW-SLA member presents his costs-income projections to receive a loan for his new
business idea. All others reflect together,
if the individual assumptions are realistic and if so approve the loan.
|
Pilot
training: All costs and in particular the income are estimated in the cost-income template of the financial projections tool which is based on unit
pricing.
|
|
|
The trainer
teaches the group how to quantify
each item needed for a new/enhanced business. The group internalizes the
concepts through continuous
application of the tool to each loan request. This self-learning process will empower people
at the grass root in financial and business affairs.
|
|
|
|
|
|
RECENT & ONGOING DEVELOPMENTS
The autonomous self-monitoring system is now also digitised at the primary level through group ledgers
that run on members’ own smartphones. This enables groups where at least
one member has a smartphone to have their manual records checked by the fully
automated audit functions and to
study the resulting financial
statements and performance indicators.
In case of differences
between the manual and digital records, the group can make corrections on
the spot and then forward these error-free
ledgers to the regional office.
|
|
Digital savings ledger template
|
|
|
The savings
ledger -, loan ledger - and share-out
template, see below, enable the group to self-audit their records and
to carry out the share-out at
the end of the cycle without difficulty
as well as to easily transfer all
records to the regional office
·
All white cells are calculated by the tool
·
All user cells appearing in red instead of gold
indicate a mistake.
·
Cell comments suggest how to possibly resolve the
respective error
|
|
|
Digital loan ledger template
|
|
|
Digital share-out
template
|
|
|
Time series of monthly financial
statements & performance indicators
|
|
|
Two-fold
remote monitoring on regional level
1.
The regional support team checks if all financial
and operational mistakes have been resolved
2.
The team also studies the time series of monthly performance indicators over one cycle
and more to advise the group beyond the basic operations
|
|
|
|
|
|
|
|
|
