Annual report

UGANDA WOMEN
ENTREPRENEURS
ASSOCIATION LTD

ANNUAL REPORT

Uganda Women Entrepreneurs Association Ltd

TABLE OF CONTENTS

CHAIRPERSON’S STATEMENT .................................................................................... 5
UWEAL BOARD OF DIRECTORS FOR 2009-2011....................................................... 8
CHIEF EXECUTIVE OFFICER’S STATEMENT............................................................... 9
UWEAL SECRETARIAT STAFF 2011............................................................................... 11
UWEAL’S PROFILE.......................................................................................................... 12
MEMBERSHIP OVERVIEW.............................................................................................. 13
INSTITUTIONAL DEVELOPMENT................................................................................ 13
Human Resource........................................................................................................ 13
Communications........................................................................................................ 14
UWEAL SERVICES.......................................................................................................... 14
Summary of UWEAL Services 2011........................................................................... 14
CAPACITY BUILDING.................................................................................................... 16
UWEAL beyond Kampala Boarders........................................................................... 16
ACCESS! for African Businesswomen in International Trade....................................... 16
The ACCESS! Business Training Component................................................................... 17
The ACCESS! Business Counseling Component............................................................. 17
Building the Expertise of Women in the Handcrafts Sector....................................... 18
Advocacy Training....................................................................................................... 19
Developing Leaders through Mentorship................................................................... 19
An Insight into Women Owned Enterprises, the Business Diagnostic Surveys.......... 20
The Business Diagnostic Surveys................................................................................. 20
Impact Survey.............................................................................................................. 20
Women Becoming Suppliers to Large Organizations................................................. 21
NETWORKING.............................................................................................................. 21
Facilitating learning through Business to Business (B2B) Exchange Program............. 21
The Role of Women in Socio- Economic Development............................................. 22
East African Women Entrepreneurs Exchange Network (EAWEExN)...................... 23
East African Women in Business Platform, East African Business Council................. 24
UWEAL as the Focal Point for the Africa Businesswomen’s Network (ABWN)
in Uganda.................................................................................................................... 24

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UWEAL Members Scoop the International Alliance for Women (TIAW) Awards..... 25
ADVOCACY..................................................................................................................... 26
Building a Favorable Business Environment for Women in Uganda............................ 26
UWEAL PROGRAMS....................................................................................................... 27
Summary of UWEAL Programs 2011.......................................................................... 27
Raising Future Stars ..................................................................................................... 28
Breakfast Meetings...................................................................................................... 28
The Corporate Ambassadors Program (CAP)............................................................ 29
Month of the Women Entrepreneur (MOWE)........................................................... 30
Entrepreneurship Awards Dinner............................................................................... 31
Access to finance for women through the WIC SACCO........................................... 32
STATEMENT OF FINANCIAL POSITION AT 31ST DECEMBER 2011................... 33
STATEMENT OF FINANCIAL PERFORMANCE FOR THE PERIOD ENDED 31ST
DECEMBER 2011....................................................................................................... 34

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CHAIRPERSON’S STATEMENT

Dear Members,

Welcome to the 2012 Annual General Meeting
(AGM). It has been a long and fruitful year
that has seen us through different encounters,
uplifting the status of our members and branding
UWEAL on the local, regional and international
scene. It is my privilege to present to you a
review of our 2011 achievements.

I will start by thanking the outgoing Board of
Directors for their dedicated service throughout
their term of office. Your commitment to
serving the association and its members has
resulted in tangible deliverables which are
deeply appreciated. I encourage you to continue
working closely with UWEAL in your individual
capacities as members.

I also take this opportunity to thank the UWEAL Secretariat particularly the Chief Executive
Officer (CEO) for the good leadership that has facilitated the positive changes in improved
service delivery which UWEAL is currently experiencing. One of the areas to improvement as
recommended by the Board of Directors of 2009 from whom we took over, was governance
and secretariat strengthening. I am pleased to inform you that the governance and management
and reporting systems and structures of UWEAL have greatly improved, communication
channels are now in place to ensure smooth information flow and membership is on the rise
as programs are now more tailored for maximum reach and impact. Program activities are
well attended as a result and the membership growth.

We attracted seventy-two (72) new members in 2011 compared to forty- one (41) in 2010,
and by 31st December, 2011 UWEAL had one hundred seventy-one (171) paid up members
as compared to sixty-nine (69) in 2010. By category, we had seven (7) new women groups,
one hundred sixty four (164) ordinary paid up members. Allow me to appreciate the support
and contributions of the development partners who have continued to support UWEAL to
deliver services to you members and these include Vital Voices, CDE, ITC Geneva, ILO and
all MOWE partners.

When we took over office in 2009, my desire was to expand our services to the chapters
in high gear. We however experienced challenges due to undefined relationship between
the chapters and chapter basic institutional capacities were lacking. Efforts have been made
to extend our services to chapters and during our term of office, three (3) new chapters
were established which includes Mpigi, Bushenyi and Mbarara. A draft Memorandum of
Understanding (MoU) for streamlining and defining chapter relationship with UWEAL was
designed and discussed with chapter leaders during a UWEAL chapter leadership retreat. We
shall request this meeting to pass a resolution for implementation of this MoU. We believe



the new BOD will be able role out rural outreach activities in accordance with strategic plan
2009- 2014. As part of future plans which we shall detail in handover report, we urge the
incoming BOD to implement the recommendations of the report on NAADS in order to
reach out to chapters.

The theme for the year 2011 was ‘Empowering Women Entrepreneurs through Networks”
and this was demonstrated mostly during Month of the Woman Entrepreneur (MOWE), a
national event that endeavors to celebrate the woman entrepreneurial spirit. In March 2011,
UWEAL won the bid to be the Lead Coordinator of MOWE in Uganda for three years after
a rigorous and competitive selection process by International Labor Organization (ILO).
For the first time ever different women organization celebrated MOWE in a very strategic
partnership by participating and leading activities such as awareness creation campaigns,
enterprise skills trainings, advocacy forums, award dinners, networking events and exhibitions
under the leadership of UWEAL. The benefit to us was that we learnt that for us to make
meaningful impact to women entrepreneurs we need to create strategic partnership. I wish
to congratulate all those members who won awards during the Awards dinner for the year
2011 which was hosted by UWEAL in partnership with iCON.

I am also happy to report that we completed loan repayments for UWEAL Lugogo House
despite the challenges we went through with contractors and consultants of the project.
UWEAL now fully owns two (2) properties and a plot of two (2) acres in Namanve. It is our
prayer that the in-coming BOD will be able to develop Namanve as well and some ideas of
what to utilize the acres have already discussed.

We continued to provide capacity development services during the year and networking
opportunities to the member’s details of which are this report. We request members to be
strategic in the participation of these programs for effective benefit.

UWEAL brings women entrepreneurs under one umbrella to share their experiences
and benefit from available capacity building and networking opportunities. In 2011, the
networking highlight was the Month of the Woman Entrepreneur (MOWE), a national event
that celebrates the woman entrepreneurial spirit. In March 2011, UWEAL won the bid to be
the Lead Coordinator of MOWE in Uganda for three years after a rigorous and competitive
selection process by International Labor Organization (ILO). MOWE was celebrated under
the theme, ‘Empowering Women Entrepreneurs through Networks’ and included a combination
of awareness creation campaigns, enterprise skills trainings, advocacy forums, award dinners,
networking events and exhibitions by women entrepreneurs.

UWEAL in partnership with iCON Women and Young People’s Leadership Academy co-
hosted the Entrepreneurship Awards Dinner which is an annual UWEAL celebration organized
to recognize outstanding women entrepreneurs. This prestigious event was successfully held
on 26th November, 2011 at Imperial Royale Hotel.

I am also happy to report that UWEAL’s advocacy project on women’s access to the National
Agricultural Advisory Services (NAADS) program continued with positive results despite
limited resources.

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On the regional level, UWEAL participated in several networking events and seminars such
as the Eastern African Women Entrepreneurs Exchange Network (EAWEExN) meeting that
took place from 3rd October, 2011 to 5th October, 2011, where UWEAL was selected to be
the General Secretary for the regional association whose headquarters are in Bujumbura,
Burundi.

UWEAL is also a founder member of the Executive Committee for the Women in Business
Platform which has its seat at the East African Business Council in Arusha, Tanzania. The
platform aims to increase the participation of women entrepreneurs in regional trade.

It is my great pleasure to report that eight (8) UWEAL members were nominated and won The
International Alliance for Women (TIAW), world of difference100 Awards which recognize
outstanding individuals that have contributed to community and economic development.
Congratulations to the winners!

I conclude by thanking all UWEAL members and partners for the generous support you have
provided to UWEAL and also to my Board for the past three years. It has been a great
pleasure serving you. As we celebrate 25 years of UWEAL, I appeal to you to keep supporting
the great cause of women empowerment.

Thank you and God bless you.

Jennifer Mwijukye
Chairperson



UWEAL BOARD OF DIRECTORS FOR 2009-2011

Jennifer Mwijukye Dorothy Tuma
Chaiperson Vice Chairperson

Eleanor Bageine Mabel Kiggundu Pauline Ofong
General Secretary Treasurer Publicity Secretary

Hannah Namuyomba Patricia Babukiika Margret Kulaba
Board Member (H/R) Board Member Board Member (Chapters)
(Young Entrepreneurs)

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CHIEF EXECUTIVE OFFICER’S STATEMENT

Dear Esteemed Members,

Greetings from UWEAL Secretariat!
Happy New Year!

Thank you for your support and
commitment to UWEAL through your
collaborative efforts and initiatives which
contributed to a successful 2011. I would
like to thank the outgoing Board of
Directors for an outstanding job in shaping
UWEAL and for their commitment to
stay the course. Thank you for all your
support during 2011 towards our efforts
to transition into a new and more vibrant
UWEAL. I extend my appreciation to my
staff for their dedication in achieving UWEAL’s Vision and its Corporate Goals.

At the Secretariat level, I am pleased to report that we have streamlined our communication
processes to ensure effective service delivery. Internal communication has been streamlined
to ensure uniformity, consistency and proactive management of challenges of daily operations.
Improved reporting systems and a new culture of management by objectives were introduced
to encourage accountability, monitor performance and overall implementation of set goals
on a corporate level. In addition, we have ensured that all our communication points with
external stakeholders are functional and have also updated our Customer Relationship
Management System (CRM) to reflect basic information on our membership. I therefore call
upon all our members to provide us with updated profiles and any other relevant information.

On a program level, we have taken steps to ensure that our members receive tailored
programs that are relevant to their business and personal development needs. In 2011,
these among others, included: a Leadership and Management training for leaders of Women
Entrepreneurs Associations and Community Based Organizations (CBOs) in Lira district,
ACCESS! for African Businesswomen in International Trade, Entrepreneurship in Handcrafts
training, the Mentoring program, Business Diagnostic Surveys, Member and Corporate
Breakfast meetings, Supplier Diversity, the Girl Entrepreneurship Program and the Corporate
Ambassadors Program.

Networking is one of the competitive advantages of UWEAL. The highlight in 2011 was
the successful coordination and implementation of the Month of the Woman Entrepreneur
(MOWE). I take this opportunity to thank all MOWE partners for their support and
collaboration in making the event a success.

In 2011, UWEAL continued to implement its advocacy strategy on women’s access to the
National Agricultural Advisory Services (NAADS) program. UWEAL conducted a research
on the gaps and constraints to women’s participation and benefit from the NAADS program



in the districts of Bugiri, Bushenyi, Lira and Luwero and held a number of workshops and a
policy dialogue to create awareness on the issues identified.

The year 2011 did not pass without challenges. Key to note was the limited resources to
implement key outreach programs, membership retention and members’ low response
to provide updated profiles. On this note, UWEAL has devised means of dealing with the
challenges including introducing programs that are sector based, holding corporate breakfast
meetings - a key recruitment source, we have started on streamlining our district chapters
to improve service delivery upcountry and are planning to develop a fundraising strategy to
guide our resource mobilization process and make it more effective.

I call upon all UWEAL members to continue supporting the association and look forward
to an exciting and productive 2012, where together, we will move mountains as women
entrepreneurs.

Thank you and God bless you

Stella Maris Ddumba Sewagaba
CHIEF EXECUTIVE OFFICER

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UWEAL SECRETARIAT STAFF 2011

Mrs. Stella Maris D.Sewagaba
Chief Executive Officer

Geoffrey Stephen Bazira Peter Kalinda
Finance and Administration Investment Manager
Manager

Dorothy Kanduhukye Mercy Babirye Monica Malega
Information and Program officer Advocacy Officer
Memership Officer

Sanyu Mugerwa Gloria Inzizu Christine Agelo
Accounts Assitant Administrative Accounts Assistant, WIC
Assitant

Annet Atukwasibwe Guido Gandu
Office Assitant Care Taker



UWEAL’S PROFILE

Vision
Envisage a wealthy woman responsibly contributing to national
economic development.

Mission
Empower women to create wealth through capacity building,
networking and advocacy.

Goals
 To promote networking and positioning of UWEAL.

 To build the Secretariat’s capacity to provide member services.

 To equip rural women to harness available business opportunities.

 To develop relevant programs for UWEAL members.

 To develop institutional sustainability initiatives.

Objectives
 To train, mentor and counsel women to start, sustain and grow their
businesses.

 To support product development, provide Business Development
Services (BDS) and facilitate linkages to markets.

 To build women entrepreneurs’ capacity to access both local and
international markets.

 To support business women networking exchanges and mentorship
forums.

 To support the Women Investment Club (WIC) and promote a
savings and investment culture while encouraging the growth and
sustainability of women entrepreneurs’ businesses

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MEMBERSHIP OVERVIEW
UWEAL is a membership based association which includes women entrepreneurs, aspiring
business women, professional women, women groups and businesses that are co-owned or
managed by women from various sectors including handcrafts, agriculture, manufacturing,
services, textiles, among others.UWEAL paid up membership grew to one hundred seventy
one (171) members by December 2011 compared to sixty nine (69) in 2010. UWEAL
membership is spread throughout Uganda and includes members from Bugiri, Bushenyi,
Gulu, Jinja, Kabale, Kampala, Lira, Luwero, Mpigi and Soroti. In 2012, UWEAL wil endeavor
to streamline its chapters to better improve services through the outreach program. The
businesses range from micro to small, medium and large enterprises.

UWEAL’s main focus is to empower women economically and enhance their participation in
national development through capacity building, networking and advocacy.

INSTITUTIONAL DEVELOPMENT

Human Resource
The year 2011 brought on board new highly experienced and professional staff that joined
the management of UWEAL. UWEAL recruited a new Chief Executive Officer, Mrs. Stella
Maris Ddumba Sewagaba, a management professional with unique skill set embracing
project management and Information technology and over fifteen (15) years of progressive
international professional work experience. Since her recruitment, the association has
registered tremendous achievements and improvements, professionalizing the institution and
its operations and ensuring efficient and effective service delivery.

The human resource function was professionalized with the introduction of staff identification
badges and performance management objectives systems. The staff job profiles and reporting
structures were revised and streamlined to ensure alignment to corporate strategic objectives
and facilitate effective monitoring and evaluation of programs. UWEAL staff continued to
receive on-job training and mentoring to ensure efficient service delivery. The association also
redesigned its internship program to create value for both UWEAL and its interns.

UWEAL also brought on
board a professional Finance
and Administration Manager,
Mr. Geoffrey Stephen Bazira,
with wide experience in
accounting. He has put in
place financial best practice
systems and structures
that have seen UWEAL
streamline its finances.

The Staff of Uganda Women Entrepreneurs Association
Limited (UWEAL) 2011



The Women Investment Club (WIC) also contracted a new Investment Manager, Mr. Peter
Kalinda and Accounts Assistant, Christine Agelo in 2011, whose contribution has made
the WIC/SACCO more professional leading to increased membership. WIC is now more
sustainable and independent.

Communications
In 2011, UWEAL streamlined its internal operations in a bid to increase proficiency,
productivity and embrace professionalism in the quest for seamless service delivery

UWEAL made improvements to its communication and information systems by upgrading
its Customer Relationship Management (CRM) system which is currently the UWEAL main
database on members. It also redesigned the website to make it more interactive and
establishing a Local Area Network (LAN).

UWEAL SERVICES

Summary of UWEAL Services 2011

Activities Participants Results Service

• Four (4) UWEAL trainers
Governance Training 26 Capacity Building
certified by ILO
• Four (4) enterprises selected to
move on to the Market Access
phase
ACCESS! for African • Seventeen (17) trained in
Businesswomen in International Trade
166 Capacity Building
International Trade • Eleven (11) consultants trained in
(ACCESS!) “Gender Issues for Trainers”
• One hundred fourteen (114)
participnats in the Information
Session
Entrepreneurs in
• Five (5) TOT participants and
Handcrafts (EinH) 28 Capacity Building
thirteen 13 local trainees
Program
• Fourteen (14) mentors and
Mentorship program 28 Capacity Building
fourteen (14) mentees
• Six (6) district chapter leaders,
Advocacy Training 23 three (3) board members, five Capacity Building
(5) staff and nine (9) members

• 50 member women-owned
Business Diagnostics enterprises surveyed
50 Capacity Building
Studies • One (1) dissemination workshop
held with eighty (80) participants

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Impact survey 50 • 50 UWEAL members surveyed Capacity Building

Supplier Diversity • One (1) training held with six (6)
6 Capacity Building
Training participants

• Ten (10) guests from Ethiopia
and Tanzania hosted
• One (1) workshop held with
Business to Business thirty (30) participants
(B2B) Exchange 60 • B2B exchange visits organized Networking
Program to four (4) UWEAL member
business enterprises
• One (1) networking reception
held with 24 participants)
Rwanda Women
Conference on
• Ten (10) UWEAL exhibitors,
‘Enhancing the
15 three (3) Board members, two Networking
Role of Women in
(2) UWEAL staff
Socio–Economic
Development’
East African Women • One (1) Board member, two (2)
Entrepreneurs chapter leaders, one (1) UWEAL
5 Networking
Exchange Network member and one (1) UWEAL
(EAWEExN) staff

• Two (2) bi-annual meetings
Africa
attended
Businesswomen’s 3 Networking
• Three (3) Board members and
Network (ABWN)
one (1) staff

The International
• Seven (7) UWEAL members and
Alliance for Women 8 Networking
one (1) Trustee awarded
(TIAW) Awards

• One (1) report and one (1)
Research 300 Advocacy
policy brief produced

• Two (2) dissemination
workshops in Kampala (93) and
four (4) upcountry validation
Dissemination and workshops held: Bugiri (45
295 Advocacy
validation workshops participants), Bushenyi (62
participants), Luwero (35
participants) and Lira (60
participants)

• One (1) policy dialogue with
Policy Dialogue 64 Advocacy
sixty four (64) participants held



CAPACITY BUILDING

UWEAL beyond Kampala Boarders
As part of its rural outreach strategy,
UWEAL conducted a Leadership
and Management training for its
district chapter leaders and Women
Entrepreneurs Associations (WEAs) in
Lira in May, 2011. The training which
took place from 2nd May, 2011 to 4th
May, 2011 at Gracious Palace Hotel,
aimed at building the leadership and
management capacities of rural women
entrepreneurs.

1st person from the left, Eleanor Bageine, Fourth
from the Left, Pauline Ofong, during a visit at a
participant’s premises

It exposed leaders to best practices in governance and building successful associations with
the overall goal of increasing access for rural business women to quality business development
programs.

Twenty six (26) leaders from seven (7) WEAs and Community Based Organizations (CBOs)
including UWEAL district chapter leaders of Lira and Gulu participated. The training was
administered using International Labour Organization’s (ILO) WEA Capacity Building Guide, a
governance tool that was designed to assist WEAs in managing and improving their associations
and help mainstream small business associations in reaching out to women entrepreneurs as
potential members. This training was funded by ILO through its Women Entrepreneurship
Development and Gender Equality (WEDGE) project and Vital Voices Global Partnership.

Due to their excellent performance, all four (4) UWEAL trainers that participated in the
program received public recognition and formal certification from ILO at the Entrepreneurship
Awards Dinner which was held on 27th November, 2011.

ACCESS! for African Businesswomen in International Trade
ACCESS! for African Businesswomen in International Trade (ACCESS!) is a regional capacity
building effort organized under the program for building African Capacity for Trade (PACT)
and covering nineteen (19) sub-Saharan African countries. The program has been jointly
executed by the International Trade Centre (ITC) in Geneva and a local partner in each
participating country. In Uganda, UWEAL is the implementing agency. ACCESS! targets
women owned Small and Medium Enterprises (SMEs), focusing particularly on enhancing
enterprise competitiveness, and promoting concrete business opportunities with a view to
support private sector development in developing countries.

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The main objectives of the ACCESS! enterprise support development program are:
strengthening the capacities of women owned SMEs, developing networks of partners,
providing access to foreign markets and promoting the use of Information Communication
Technologies (ICTs) in business. These objectives were pursued through Exporter Training,
Business Counseling, Access to Markets and Access to Trade Information. The 2011 program
was delivered in two (2) components namely:

The ACCESS! Business Training Component
UWEAL has been the Uganda ACCESS! Focal Point since 2006 and to date, over one hundred
twenty (120) UWEAL members have benefitted from the ACCESS! program. Preparations
for the ACCESS! Implementation began in January, 2011 with the development of a National
Implementation Strategy.

Participants were selected after the ACCESS! Information Session which was held on 11th
February, 2011 at Hotel Africana. The rigorous communication and information dissemination
exercise attracted one hundred fourteen (114) people to the event after which interested
participants completed application forms. The ACCESS! business training workshops were
held from 24th to 25th March, 2011 and from 5th to 6th of May, 2011 respectively.

The ACCESS! Business Counseling Component
The ACCESS! training was followed by the launch of the business counseling component on
12th May, 2011 after which a half day Business Strategy training event followed. Participants
included the 2011 ACCESS! training participants, business counseling participants, UWEAL
development partners and UWEAL Board of Directors. In attendance were the ITC Senior
Training Officer, Christian Planchette and a representative of the Permanent Secretary of the
Ministry of Trade, Industry and Cooperatives (MTIC), Patrick Okilangole

As part of the launch activities, the National Lead Trainer and the ITC Senior Training Officer
held a training session on “Gender Issues for Trainers” for the eleven (11) consultants who
were interested in serving as advisors under the business counselling component.

The Business Counseling results (funnel below) indicates that twenty four (24) enterprises
were selected for Business Counseling, out of which four (4) qualified for the Market Access
Phase. The four (4) enterprises include:

• Your Choice Agro Processors Ltd in the Sector of processed Cereals and Grains
• Kwetu Africa Ltd in the sector of Art and Handicraft
• Textile Development Agency (TEXDA) in the field of African Textiles
• Shalom Organic Farm in the agricultural sector



The Access! Business Counseling Process in Uganda – Funnel results

Building the Expertise of Women in the Handcrafts Sector

Participants in the EinH Local Training at Grand Imperial Hotel. The 2nd person from the right
at the front is Zoe Dean-Smith, Senior Director of the Vital Voices EinH Development Program

The Entrepreneurs in Handcrafts (EinH) Development Program, an initiative of Vital Voices
Global Partnership funded by ExxonMobil Foundation, is a new program that was introduced
to Uganda in May, 2011 for women in the handcrafts sector. The program aims at providing
women entrepreneurs with handcraft product development, management, business

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18


development, marketing and communication skills with the expectation that they will be able
to expand their businesses, create jobs, and achieve a larger share of the international market
for their products.

UWEAL was privileged to host the first Entrepreneurs in Handcrafts (EinH) Training of
Trainers (TOT) in Sub-Saharan Africa in May, 2011. The TOT took place from 9th May to 17t
May , 2011 at Lake Victoria Serena Hotel, Entebbe and attracted fifteen (15) participants from
Kenya, Nigeria, and Uganda.

UWEAL later on rolled out the week long EinH program in August, 2011 at Grand Imperial
Hotel with thirteen (13) participants. The goal of the training was to prepare Ugandan
women entrepreneurs in the handcrafts sector to compete successfully on the global market
by enhancing their product development and business management competencies with
knowledge that is world class and relevant to the needs of the local, regional and international
markets.

Advocacy Training
In order to strengthen the capacity of the association to effectively advocate, twenty
three (23) people including UWEAL Board members, staff, chapter leaders and members
were trained in advocacy in December, 2011. The training was conducted by Council for
Economic Empowerment for Women in Africa-Uganda (CEEWA-U). UWEAL made some
real gains from this training and interactions, among which included a skilled work force and
membership that will play a paramount role in enhancing its advocacy agenda.

Developing Leaders through Mentorship

Yvonne Finch a consultant with Vital Voices Global partnership at the training for Mentors and
Mentees

The UWEAL 2011 Mentorship Program was launched in June. The program aimed at supporting
members’ growth through the volunteer services of established women entrepreneurs in a
mentoring role. Mentoring has proven to be a significant factor in business, skills and career
development and offers a unique opportunity for two (2) individuals, who otherwise might



not form a relationship, to meet and exchange valuable information. It is a quick route to skills
transfer and is accelerating empowerment in the overall workplace today, as well as giving
both Mentor and Mentee the chance to connect regularly for knowledge sharing sessions.

The key objectives of the 2011 Mentorship Program were to match competent, committed
and growth oriented Mentors with like-minded Mentees, ensuring that the parties
complement each other for deeper bonding and understanding.

The mentorship program began with training for mentors and mentees respectively and
was aimed at ensuring that the process is managed in an efficient and effective manner. The
program which took the form of six (6) one-hour sessions for a period of six (6) months
targeted twenty (28) participants. In the same spirit, UWEAL partnered with TechnoServe
Uganda to provide training, coaching and mentoring for some of its members.

An Insight into Women Owned Enterprises

The Business Diagnostic Surveys
In 2011, UWEAL received its first draft report on the fifty (50) Business Diagnostic Surveys
carried out by expert consultants to assess women entrepreneurs’ specific needs in order for
UWEAL to offer business development services that are demand driven. The overall objective
of the project was to identify the growth and capacity gaps of UWEAL’s women-owned
enterprises and to enable the association provide relevant strategic capacity development
interventions that will enable women entrepreneurs make significant contributions to the
economy.

Following the release of the Business Diagnostics Survey project draft report, on 23rd July,
2011, members of UWEAL were hosted to an Information Dissemination workshop at Grand
Imperial Hotel in Kampala. The main objective of the workshop was to disseminate findings of
the draft report to the diagnosed fifty (50) member enterprises, consultants and stakeholders
with a view of receiving feedback and reactions on the report findings.

Eighty (80) participants including women entrepreneurs, government officials and
development partners attended and were informed about the state of women owned
businesses and how women can raise their business standards and widen their playing field
so as to position and achieve competitiveness on the global market. Emphasis was directed
to the strategy, production, marketing and transaction capabilities especially in the two (2)
identified sectors of handcrafts and agro-processing. The event was officiated by the Minister
of State for Gender Hon. Lukia Isanga Nakadama who thanked UWEAL for the initiative and
called upon women to take advantage of government’s full support and backing for programs
and initiatives that seek to promote women’s empowerment and development in all sectors.

Impact Survey
In June 2010, UWEAL began a process of surveying fifty (50) of its most active members
in a bid to understand their businesses, identify gaps and challenges to their growth and
success and formulate interventions and areas of improvement for UWEAL in its programs
and services so as to ensure that members’ needs and demands are fully met and satisfied.

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With support from Vital Voices Global Partnership and ExxonMobil Foundation, a follow up
survey was conducted from June to July 2011 with UWEAL members.

This has become one of the most vital annual activities of the association highlighting critical
issues that can be used to benchmark UWEAL best practices and improve service delivery.

Women Becoming Suppliers to Large Organizations

Following the Training of Trainers that was held in Ghana in August 2010, UWEAL rolled
out the Supplier Diversity Program in Uganda in November, 2011. The training was funded
by Vital Voices Global Partnership and ExxonMobil Foundation and aimed at building the
capacity of women entrepreneurs to sustainably increase their revenue through the supply
of goods and services to multi-national companies (MNCs), government and other non
government entities.
The training was held at Imperial Royale Hotel on 14th November, 2011 and attracted the
participation of business women from the agricultural, education and transport sectors.

NETWORKING
As one of its core objectives, networking is paramount at UWEAL. Networks are created
locally, regionally and internationally where women are engaged in exchange programs, trade
shows, business forums, among others to exchange ideas and contacts vital to their respective
businesses. UWEAL therefore, acts as a conduit through which members get access to
information, strategic networks and markets.

Facilitating learning through Business to Business (B2B) Exchange Program

A staff of Perfect Roses Farm teaching women entrepreneurs on how to do budding for rose flowers



In January, 2011, UWEAL hosted ten (10) women entrepreneurs from Tanzania and Ethiopia
in a peer to peer visit with the main purpose of learning from UWEAL’s successes and
deepening understanding of the needs of other associations in Africa. The visit which took
place from 19th January, 2011 to 21st January, 2011 was geared towards promoting networking
and sharing best practices across the region. The visitors interacted with pioneer women
entrepreneurs, the Ugandan business community, research institutions and some of our
development partners and shared ideas on how to build strong and sustainable WEAs, invest
in real estate as a source of financial security for associations and exploit existing export
markets

The Business to Business (B2B) exchange visit included a two (2) day networking workshop
which attracted thirty (30) participants, a tour of four (4) UWEAL members’ business
premises including Perfect Roses Farm in Mukono, Kinawataka Women Initiatives, Nina
Interiors Limited and Café Pap in Kampala. A reception in honor of the guests was organized
at Reedfields Apartments in Nakasero to conclude the exchange visit.

The event came to a close on 21st January 2011 with a training on networking which was
facilitated by Lin MacDevit a consultant from The Netherlands.

By the end of the event each participating Intermediary Organization had been equiped
with the capacity to create strong Public and Private Partnerships and greater capacity to
collaborate in the development of strategies. The entire event was funded by the European
Union through its ProInvest program.

The Role of Women in Socio- Economic Development
The year 2011 saw the East African Community (EAC) organize a women’s conference on
‘Enhancing the Role of Women in Socio–Economic Development’ in Kigali, Rwanda in August,
2011. This was the very first meeting of its kind organized in the East African region.

From left to right: Benedicta Nanyoga, Racheal Kemirembe and Rusia Orikiriza, all members of
UWEAL, displaying their products at the exhibition
The overall goal of the conference was to bring together East African business women to
explore the opportunities and challenges offered by the EAC Common Market, promote
regional entrepreneurship, build networks & enhance economic empowerment. H. E. the
President of the Republic of Rwanda, Paul Kagame, officiated at the opening session of the
Conference which drew participants from Ministries of Trade, Gender and Development
in the EAC Partner States, women entrepreneurs from the Partner states, the East African
Business Council (EABC), Private Sector Apex Bodies, Civil Society Organizations, the

Annual Report 2011
22


Rwanda Development Board (RDB), Council of Ministers and the East African Legislative
Assembly.
In his closing remarks, the 1st Deputy Prime Minister and Minister of East African Community
Affairs, Uganda, Hon. Eriya Kategaya noted that it is high time for the EAC to prioritize
gender & women related issues as one of the main economic development strategies. The
following were noted as key for the integration process to succeed:

• Women’s role ought to be incorporated in EAC programs
• Partner States should promote women key achievements & discourage discrimination
• Policies that favor women should be promoted
• Information dissemination
• Consult women leaders at various levels
• Resource mobilization to enhance the role of women in business and mentor young
female entrepreneurs
• The East African Community Secretariat should coordinate women particularly those in
the informal sector
An exhibition of sixty (60) women from the four (4) East African countries of whom fifteen
(15) were UWEAL members was organized to allow participating women entrepreneurs
to showcase their products and services and exchange knowledge on how to penetrate the
international market.

East African Women Entrepreneurs Exchange Network (EAWEExN)
The sixth (6th) East African Women Entrepreneurs Exchange Network (EAWEExN)
conference took place in Bujumbura, Burundi from 28th September, 2011 to 29th September,
2011. Organized by the Association des Femmes Entrepreneurs du Burundi, the conference
brought together a total of thirty five (35) delegates from seven (7) East African countries
namely: Burundi, Ethiopia, Kenya, Rwanda, South Sudan, Tanzania and Uganda.

The conference mainly aimed at setting up an institutional structure for EAWEExN and
making it operational with the main objectives of translating recommendations from the
2010 EAWEExN conference held in Nairobi into actionable items, establishing a regional
coordination office, mobilizing funds for rural women’s initiatives in entrepreneurship and
elaborating a strategic action plan (2012-2015) for EAWEExN.

The major outcomes of the conference included: signing of the Statutes for EAWEExN
where Bujumbura was selected to host the EAWEExN Secretatariat, selection of the
EAWEExN Executive and delegates where UWEAL was selected as EAWEExN Secretary
General, drawing a consensus on short term activities (the establishment of the Secretariat,
creation and circulation of a template for committee Terms of Reference and an action plan
and creation and circulation of a template for collection of data on women entrepreneurs)
and announcement of Tanzania as the host of the 2012 EAWEExN conference.



East African Women in Business Platform, East African Business Council

In November 2011, UWEAL joined several other East African women entrepreneur
associations at a workshop in Arusha to develop the Strategic Plan for the newly launched
East African Women in Business Platform. Hosted at the East African Business Council
in Arusha, the platform’s goal is to see the increased engagement of East Africa’s women
entrepreneurs in the East African integration process and in regional trade. UWEAL has a
seat on the platform’s Executive Council.

UWEAL as the Focal Point for the Africa Businesswomen’s Network (ABWN) in
Uganda

The Africa Businesswomen’s Network (ABWN) is a partnership between local business
women’s associations throughout Africa, Vital Voices Global Partnership and ExxonMobil
Foundation. The ABWN goal is to accelerate economic growth for women to improve the
quality of life on the continent.

Participants at a cocktail organized by Nigeria’s business women’s association during the ABWN
Bi-Annual Meeting in Nigeria

ABWN works closely with UWEAL to spearhead and accelerate the economic well being of
women through various programs. As a partner and representative in Uganda, UWEAL has
actively participated in ABWN activities in a bid to cement its partnership with the association
as well as identify and expand business opportunities for women entrepreneurs in Uganda. In

Annual Report 2011
24


2011, UWEAL took part in two (2) strategic planning meetings aimed at identifying practical
interventions for ensuring sustainable growth for its member business women’s associations
and a tangible impact on business development. The bi-annual meetings took place in Nairobi,
Kenya (February, 2011) and Lagos, Nigeria (July, 2011).

ABWN currently has its operations in six (6) member business women associations from
Cameroon, Kenya, Nigeria, Ghana, South Africa and Uganda. In Uganda, UWEAL is the
Network Hub and has already realized valuable gains from this relationship which include
among others capacity building, organizational development and networking opportunities.

UWEAL Members Scoop the International Alliance for Women (TIAW) Awards

The year 2011 was a year of advancement and increased visibility for UWEAL members. The
International Alliance for Women (TIAW), a global umbrella organization that unites, supports
and promotes professional women and their networks to work together, share resources and
leverage ideas, awarded seven (7) UWEAL members and one(1) UWEAL Trustee the TIAW
World of Difference 100 Awards.
The TIAW World of Difference 100 Award recognizes one hundred (100) amazing
individuals in the world whose efforts have advanced the economic empowerment of women
locally, regionally or worldwide whether they are well known or “unsung heroines”. All
members were invited to Washington DC and hosted to a dinner organized by TIAW in
October 2011. UWEAL congratulates the individuals below for this great achievement.

Name Award Category
Acham Elungat Ketty Hellen Community

Kahara-Kawuki Audrey Education

Kasule Rehmah Entrepreneurial

Eleanor Kembabazi Byarugaba Entrepreneurial

Lwanga Florence Entrepreneurial

Mbire Tereza Entrepreneurial

Mulwana James (UWEAL Trustee) Champion of Women’s Economic Empowerment

Orikiriza Bariho Uganda Young Women Leaders



ADVOCACY
Building a Favorable Business Environment for Women in Uganda

While capacity building is critical in an attempt to help business women succeed, these
efforts may easily go to waste if critical issues affecting performance or ability to perform
are not addressed. For this reason, UWEAL engages in advocacy with the purpose of
creating a conducive business environment for women owned businesses. In 2011, our focus
was on addressing the gaps and challenges to women’s participation and benefit from the
National Agricultural Advisory Services (NAADS) program. This was to ensure that relevant
stakeholders develop practical solutions or interventions to address the identified issues.

UWEAL expanded its advocacy research in May, 2011 to Bugiri, Bushenyi and Luwero as a
follow up to a case study conducted in Lira district in December, 2010. The findings of the
research were disseminated in validation workshops at various locations including Kampala
on 21st January, 2011 and 20th September, 2011, Bugiri on 28th October, 2011, Bushenyi on 8th
November, 2011, Luwero on 11th November, 2011 and Lira on 21st December 2011.

The association further engaged stakeholders in a policy dialogue held at Imperial Royale
Hotel, Kampala on 17th November, 2011 to discuss policy options for improving women’s
participation and benefit from NAADS. The workshop attracted sixty four (64) participants
from the private and public sectors. The main speakers at the event were Hon. Victoria
Sekitoleko - Uganda’s former Minister of Agriculture, Fisheries and Animal Industry and
former representative of the Food and Agriculture Organization (FAO) to China, Mongolia
and the Democratic Republic of North Korea, Ms. Faith Ntombikayise Msimang, MD
Peulwana Agricultural Financial Services of South Africa and Ms. Celena Green, Vital Voices
Africa, Program Officer from the United States of America.

Annual Report 2011
26


UWEAL PROGRAMS

Sammary of UWEAL Programs 2011

Program Participants Resultas

Girl • One (1) visit to St. Josephs S.S.S,Nsambya, three hundred
Entrepreneurship 480 (300) students and another to Mariam High School, one
Program hundred eighty (180) students

• Four (4) member breakfast meetings held:
Competitiveness in a Highly Dynamic Business
Environment-seventy (70) participants, Taxation-
twenty four (24) participants, Personal Finance-fifty (50)
participants, Marketing Your Business-forty four (44)
Breakfast participants, Public Image and Etiquette-thirty five (35)
378
Meetings participants.
• Two (2) corporate breakfast meetings held: Break the
Routine: Start a Supplementary Business and Achieve
Financial Independence- one hundred (100) participants,
and Positioning Yourself for Personal and Business
Success-fifty five (55) participants

• A study tour to National Crops Resources Research
Institute (NaCRRI) in Namulonge, twenty eight (28)
Corporate participants
Ambassadors 148 • A business visit to Gudie Leisure Farm-forty (40)
Program (CAP) participants
• A Networking Reception at the American Deputy Chief
of Mission’s residence-eighty (80) participants

• One (1) exchange visit-fourteen (14) participants
• One (1) mentoring walk-five hundred (500) participants
• One (1) exhibition-thirty (30) participants
Month of • One Entrepreneurship Awards Dinner-one seventy (170)
the Woman participants
Entrepreneur 714 • One Graduation Ceremony-two hundred eighteen (218)
(MOWE) participants
• Eight (8) trainings-50 participants, an awareness week-
one hundred (100) participants, an advocacy workshop-
fifty (50) participants and a Women’s Forum-seven
hundred (700) participants.

• Brought on board a new group of fifty (50) members and
Access to Finance 14 individual members
for Women • Two (2) new staff recruited
through the WIC 64 • Paid off an external loan of fifty million (50m) from
/SACCO Microfinance Support Centre Limited (MSCL)
• Joined Uganda Central Cooperative Financial Services
Limited (UCCFS)



• Three (3) print media appearances
• Thirty(30) news features on television (NTV,
49
Media Relations UBC,RECORD, NBS and WBS)
appearances
• Twenty eight (28) annoucements of UWEAL activities
• One (1) staff appearance on an Executive nes clip (NTV)

Raising Future Stars
As part of its strategy of empowering the next generation of women with business and
entrepreneurial skills, UWEAL regularly organizes visits to secondary, tertiary and university
institutions where successful business women share their entrepreneurial and business
knowledge with students and teaching staff.

During the second half of 2011, UWEAL organized visits to St. Joseph’s Girls S.S.S, Nsambya
and Mariam High School, Kisaasi where both students and members of staff were hosted
to inspiring entrepreneurial talks by our own successful business women. The sessions
were attended by more than three hundred (300) senior one and two students and one
hundred eighty (180) senior five and six students respectively. Students were excited about
the opportunity to learn about the other side of being self employed and being job creators
rather than job seekers.

The presentations built the students’ self esteem and self reliance, giving them an opportunity
to dream for the future with a vision for their lives, set goals and develop plans and strategies
for achieving them.. The speakers gave tips on how young people can generate worthwhile
income for themselves and create wealth. Teachers appreciated the presentations which they
said made entrepreneurship practical for the students

At St. Joseph’s, the UWEAL team visited the Entrepreneurship Centre where students
make different items including washing and powdered soap, beverages, snacks like samosas,
cookies and cakes for sale to the school community.

UWEAL has further developed an entrepreneurship training manual and curriculum for use
during the school term. The curriculum includes practical sessions which will be monitored
by UWEAL, self evaluation packages, monitoring and impact assessments.

Breakfast Meetings
Throughout the years UWEAL has always fronted the need for women to network with
other business women especially those in the corporate sector. It is for this reason and many
others that in the year 2011, UWEAL began hosting corporate breakfast meetings to create
a platform for women entrepreneurs to interact and exchange ideas with corporate women
from different sectors like banks, telecommunications companies, Civil Society Organizations
and other private and public institutions. The specific objective of these meetings is to
encourage women in the corporate world to think about starting small businesses that they
can run as a source of extra income which in turn could ascertain a more secure future.

UWEAL held two (2) Corporate Breakfast meetings on 27th September, 2011 and 14th
December, 2011. The topics focused on creating alternative sources of income and setting

Annual Report 2011
28


personal and business goals. The breakfasts were facilitated by Rev. Diana Mirembe Barlow-
Nkesiga and Ms. Victoria Sekitoleko respectively.

UWEAL also held four (4) member breakfast meetings where experts from different fields
presented on a wide range of topics including; - Competitiveness in a Highly Dynamic
Business Environment, Taxation, Marketing Your Business, Personal Finance , Public Image
and Social Etiquette. The breakfast meetings were attended by three hundred seventy eight
(378) women entrepreneurs.

The Corporate Ambassadors Program (CAP)

The instructor at Namulonge leading the members in the agriculture group through the tour
UWEAL’s 2011 Corporate Ambassadors Program (CAP) aimed at promoting the role
of women in agriculture. CAP is an initiative of the Vital Voices’ Africa Businesswomen’s
Network (ABWN) which facilitates small delegations of U.S.A and International Women
CEOs and Senior Executives to network with business women in African countries, discuss
critical business topics of interest and exchange knowledge and experiences with their
local counterparts. As the focal point of ABWN in Uganda, UWEAL hosts the Corporate
Ambassadors visiting the country.

A number of activities took place during the three day visit including a study tour to the
National Crops Resources Research Institute (NaCRRI) in Namulonge, an exchange business
visit to Gudie Leisure Farm in Najjera (a UWEAL member’s farm), a policy dialogue on
women’s participation and benefit from NAADS and a Networking Reception at the residence
of the American Deputy Chief of Mission in Kololo.



UWEAL was honored to have Ms. Faith Ntombikayise Msimang, Managing Director of
Peulwana Agricultural Financial Services as its Corporate Ambassador. Over one hundred
(100) people including UWEAL members, women in agriculture, business men and corporates,
development partners, women entrepreneurship organizations, NGOs, donors, researchers,
government officials and the press, among others participated.

Month of the Woman Entrepreneur (MOWE)
The Month of the Woman Entrepreneur (MOWE) was initiated by the International Labor
Organization (ILO) through its Women Entrepreneurship Development and Gender Equity
(WEDGE) project in Uganda in 2006 to promote the role of women entrepreneurship
development (WED) in national development. In collaboration with Women Entrepreneurs
Associations (WEAs) in Uganda, the month of November was dedicated as the Month of the
Woman Entrepreneur (MOWE). The event is also celebrated in other countries like Ethiopia,
Kenya, Tanzania and Zambia.

The organization and implementation of MOWE events is a means of supporting women
entrepreneurs to consolidate their own networks, have their concerns given due attention
by policy makers and have their roles as entrepreneurs recognized by the wider community.

In March 2011, through a competitive process, ILO selected UWEAL to manage, coordinate
and implement the 2011 MOWE activities. Under the theme, “Empowering Women
Entrepreneurs through Networks”, a combination of awareness creation campaigns, enterprise
skills trainings, advocacy forums, award dinners, networking events and exhibitions by women
entrepreneurs were implemented.

MOWE’s target beneficiaries are individual women entrepreneurs, Women Entrepreneurs
Associations (WEAs), employers’ organizations, key Government ministries like Trade and
Gender, donors, business development service providers and other members of the public
and private sector.

The MOWE 2011 participants included:-, Uganda Women Entrepreneurs Association Limited
(UWEAL), International Labour Organization-Women Entrepreneurship Development and
Gender Equality (ILO-WEDGE) project, Enterprise Uganda, Women of Uganda Network
(WOUGNET), Makerere University Business School Entrepreneurship Centre, TechnoServe
Uganda, Council for Economic Empowerment for Women in Africa-Uganda (CEEWA-U)
and iCON Women and Young People’s Leadership Academy. New MOWE partnerships
were created in 2011 which included Image and Etiquette Consultancy, Professional Women
Empowered (PROWE), CEDA International, DMT Consultants Ltd, Barclays Bank Uganda,
Kwetu Africa and Women’s Centre for Job Creation, Jinja.

Special thanks go to ILO, Makerere University Business School,Bank of Africa and MTN
Uganda who generously sponsered the MOWE events.

Annual Report 2011
30


Entrepreneurship Awards Dinner

One of the outstanding objectives of MOWE is promoting the role of Women Entrepreneurship
Development (WED) in national economic development by recognizing the potential and
achievements of women entrepreneurs through business awards.

In order to achieve this, UWEAL and iCON Women and Young People’s Leadership Academy
co-hosted an Awards Dinner to recognize outstanding women entrepreneurs in Uganda.
The prestigious event was held on 27th November, 2011 at Imperial Royale Hotel.

Patricia Babukiika receives an ILO certification from PSFU Executive Director Gideon Badagawa
UWEAL recognized outstanding women entrepreneurs including;- Nellie Ssali (UWEAL
Honorary Award), Santa Anzo (C.Busulwa Pioneer Award), Rosey Sembatya (C. Kisumba
Rising Star Award), Jecca Sekyeru (UWEAL Regional Entrepreneur Award), Hope Kasimbazi
(I. Wanendeya UWEAL Spirit Award) and Prudence Ukkonika for the T. Mbire Award for
Woman Entrepreneur of the Year. For the first time, UWEAL introduced the “UWEAL
Women Entrepreneurs Advancement Award” which recognizes any entity that significantly
contributes to the advancement of women entrepreneurs which award went to TechnoServe
Uganda.

In her closing remarks, the Guest of Honour, Minister of Gender, Labour and Social
Development, Hon. Syda Bumba said that entrepreneurship development is another key area
of intervention by the Government to promote women entrepreneurs. She emphasized that
partnership is a guiding principle in the area of entrepreneurship development and in this
regard Government is pursuing this initiative in collaboration with other organizations.



She thus encouraged WEAs to seek partnership with Government so as to advance
entrepreneurship.

The event brought together over one hundred seventy (170) people including members of
associations, corporates, government officials and development partners.

Access to Finance for Women through the Women Investment Club

The Women Investment Club Savings and Credit Cooperative Society (WIC/SACCO) is
a member driven program of UWEAL. WIC started in response to members’ desire for a
program that would encourage mobilization of resources for collective investments, avail
women easy access to short term credit and bridge the finance gap.

WIC has been steadily growing with the aim of being the leading women SACCO providing
affordable and sustainable financial services for women entrepreneurs for investment.

In 2011, WIC brought on board one Tukolere Wamu Upper Buziga Group with over fifty (50)
members and fourteen (14) new individual members. The year also saw the recruitment of
a an experienced Investment Manager and Accounts Assistant who alongside the board were
trained in governance and leadership skills, to facilitate improved service delivery at WIC.

In 2011, WIC also repaid an external loan of fifty million (50 million) from The Microfinance
Support Centre Limited (MSCL). On the same note, WIC SACCO joined Uganda Central
Cooperative Financial Services Limited (UCCFS), a wholesale lender for subsidized credit.
This increases WIC’s visibility and credibility.

WIC member breakfast meetings were held with speakers on different topics ranging from
savings, credit management, insurance, role of members in a cooperative and financial
management, among others.

Annual Report 2011
32


STATEMENT OF FINANCIAL POSITION AT 31ST DECEMBER 2011

2011
2010
UGX
UGX

Property Plant & Equipment 3,726,363,290 3,688,076,944

WIC Savings 1,400,000 200,000

3,727,763,290 3,688,276,944
CURRENT ASSETS
Receivables 6,339,520 8,330,261
Cash at Bank 58,289,786 23,133,603
Tax Claimable 2,591,954 -
67,221,260 31,463,864

TOTAL ASSETS 3,794,984,550 3,719,740,808

EQUITY

Revaluation Reserve 2,996,471,858 2,956,686,720
Retained Earnings 636,245,433 559,859,015
Tax Reserve 6,447,966 -
3,639,165,257 3,516,545,735

NON CURRENT LIABILITIES
Loans - 76,095,590

CURRENT LIABILITIES
Payables 79,452,560 34,360,602
Tax Liability 64,479,665 70,479,665
Prepayments 11,887,068 22,259,216
155,819,293 127,099,483

3,794,984,550 3,719,740,808

The accounting policies and notes on pages 16 to 25 form an integral part of these financial
statements. The Accounts were approved on 15th March, 2012 and signed on their behalf by:

Chairperson Treasurer Secretary General



STATEMENT OF FINANCIAL PERFORMANCE FOR THE PERIOD
ENDED 31ST DECEMBER 2011

2011 2010

UGX UGX

Rental Income 231,156,024 228,051,312

Other Income 545,009,760 130,207,609

776,165,783 358,258,921

Expenditure

Administration 105,126,404 151,184,046

Operation 44,126,232 44,694,733

Staff Costs 94,774,718 55,651,656

Donor support programme Expenses 421,724,487 80,996,025

Professional Fees 13,039,716 25,200,000

Total Expenses 678,791,557 357,726,460

Surplus Before Tax& Interest 97,374,226 532,461

Finance costs (14,539,842) (21,632,449)

Surplus /( Deficit ) before Tax 82,834,384 (21,099,988)

Tax Provision (6,447,966) -

Retained earnings for the year 76,386,418 (21,099,988)

Annual Report 2011
34


UGANDA WOMEN ENTREPRENEURS ASSOCIATION LTD
Plot 38 Lumumba Avenue, P Box 10002, Kampala - Uganda
.O.
Tel: +256 414 343952
Email: uweal@uweal.co.ug Website:www.uweal.co.ug

Annual Report 2011
36

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