IPAR-IDRC Regional Conference on Youth Employment, Kigali, Rwanda, Lemigo Hotel
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Transcript of IPAR-IDRC Regional Conference on Youth Employment, Kigali, Rwanda, Lemigo Hotel
REGIONAL CONFERENCE ON YOUTH
EMPLOYMENT 2014
JUDITH INEKU
Uganda
IJB REAL ESTATE LIMITED/
IJB INVESTMENTS LTD
Uganda
IJB REAL ESTATE LIMITED
IJB Real Estate Ltd was established in 2006
as a real estate development agency;
It provides decent accommodation to low and
medium scale income dwellers in Kampala
City, thus contributing towards alleviating
proliferation of slum dwellings in the City;
It also develops commercial properties for
small and medium-size business operators in
the urban centres in and around Kampala
City;
Through the achievements of IJB Real
Estate, the founder is now a respected
consultant and role model for the youths
seeking to engage in income generating
activities across the country.
BUSINESS APPROACH
IJB Real Estate employs
mostly illiterate and semi-
illiterate youths who have
gained construction experience
from elsewhere;
BUSINESS APPROACH ….
To ensure strict quality control, I
also engages the services of
professionals in the fields of:
architectural drawings;
development of Bills of Quantities;
Electrification and Water
Installation;
The Electrical Expert IJB uses is a
lady engineer;
The suppliers of building materials
– sand, aggregates and firewood –
are locals within the building site.
PRODUCTS OR SERVICES
IJB Real Estate offers affordable
residential and office accommodation to
low and medium income earners;
The residential Units include self-
contained one-bedroom, sitting room,
kitchenette and balcony designed outfits.
These are very popular with single family
occupants;
The semi-detached units each comprises
two bedrooms; a sitting room; kitchen and
a central toilet;
Commercial units each has a store and a
display front room.
OTHER IJB INVESTMENTS
Hardware
Retail and whole sale of
Comform mattresses and
Sadolin paint as agent.
OTHER IJB INVESTMENTS CONT…
Entertainment/Music crew
Events management i.e.
tents and chairs
Transport
Cattle keeping & goat
rearing
IMPACT OF IJB INVESTMENTS ON THE
COMMUNITY
Contributed to poverty eradication by distributing
chicks and 2 piglets to 20 household in the village
to eradicate poverty;
Supported sports and talent development in the
community by sponsoring various teams at the local
level
IMPACT….
Trained young youth on how to generate income
and become financially independent
IMPACT ….
Created employment of opportunities
IMPACT…
Provided descent accommodation to low and
medium income earners;
WHAT MAKES JUDITH SO SPECIAL?
As a youth and a lady engaged in the respected real estate
sector which, in Uganda and Africa in general, is largely
dominated by men, I have always received immediate
attention from all the people I have shared my achievements
with;
WHAT MAKES JUDITH SO SPECIAL?....
My journey in the real estate sector has been driven by self-
belief and creativity as opposed to the traditional avenue of
mortgages. Initially I did not take any bank loan but relied on
my entrepreneurial insight and tokens of appreciation from
family, well wishers and public leaders;
Later when the government came up with Youth Venture
capital, I took a loan of Shs. 5.0 million to complete the real
estate units;
Today however I have since been able to take a bank
guarantee from a bank to boost my real estate business. The
guarantee was for a value of Shs. 30.0 million;
Based on my business performance as reflected in my bank
statements, my bankers are pestering me to take business
loans with no collateral but I have been reluctant to rush into
debts.
My real estate story has been used by national leaders such as
senators, ministers, religious leaders, the President and First Lady
and university lecturers to inspire other youths especially young
ladies in Uganda to opt for entrepreneurship to curb unemployment
instead of the risky prostitution;
OTHERS LEADERS OF INFLUENCE SHE HAS MET
WHAT MAKES JUDITH SO SPECIAL? CONT…
On the international scene my achievement was received by
respected London Business School (April 2011), Tanzania
Private Sector Foundation and the Expert Meeting on Science
and Technology in Geneva in January 2010 and no doubt, this
conference in Kigali.
WHAT MAKES JUDITH SO SPECIAL? CONT….
I have the passion to train fellow youth to generate their own income
and become independent.
WHAT MAKES JUDITH SO SPECIAL? CONT….
I feel concerned about poverty levels in the community and
have the heart of lifting each and every individual to get on
their toes and work to generate income.
WHAT MAKES JUDITH SO SPECIAL? CON…
Global recognition ;
AWARDS RECEIVED
Best micro start-up entrepreneur of the year 2012-
United Nations Conference on Trade and
Development (UNCTAD)
Best rising star in Uganda 2013- Uganda Women
Entrepreneurs’ Association Ltd (UWEAL)
PASSION FOR SPORTS
KEY FIGURES ABOUT YOUR BUSINESS
Sales: US$54,000 p.a Employment:10 Full time and 10-20 casual
Growth in past 3
years: Over 100%
Development Plan:
Construct a clinic in my home town for
maternity services; complete a medium
size supermarket facility
22%
33%
45%
KEY TRANSITIONAL FACTOR
Unshakable relationship with Enterprise Uganda
Eug provided the training and right mindset I
needed to succeed in business
Increased my network with the right people that
provided various opportunities
Thank you very much Enterprise Uganda and
continue with the spirit of promoting enterprise
growth and excellence to increase job creation
for youth.