Akola is an impact jewelry manufacturer that employees women in rural Uganda. Akola is seeking a $5,000,000 OPIC loan to fund new factory expansion and working capital needs, including hiring additional women in Uganda, and to refinance outstanding short term debt. The fundamental mission of the Project is to bring skills, training, and employment to women and their families that are at or near extreme levels of poverty and unable to provide basic needs for their family. The Project Company accomplishes this mission by employing
women as jewelry craftmakers, paired with vocational and soft skills training. The Project is aimed at assisting the movement of women out of extreme poverty into a sustainable long term path towards self-sufficiency.
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