What is Capable?
Capable is an organization dedicated to lifting families in Northern Uganda out of extreme poverty through a holistic program. This initiative encompasses intensive training, personalized mentorship, and crucial market linkage strategies. The company's core philosophy centers on fostering a shift in mindset, cultivating individual agency, and building robust community cooperatives to ensure enduring economic advancement. By prioritizing deep local relationships and tailoring its services to meet specific community needs, Capable has demonstrated a proven ability to significantly increase client incomes while simultaneously reducing operational costs. Their commitment to durable and meaningful outcomes is evident in their success to date.
How much funding has Capable raised?
Capable has raised a total of $27K across 1 funding round:
Debt
$27K
Debt (2021): $27K with participation from PPP
What's next for Capable?
With the recent influx of substantial expansion capital, Capable is poised for significant scaling. The company has outlined ambitious plans to broaden its reach, aiming to impact an additional 69,000 individuals over the next three years. This strategic growth phase, supported by its Series B/C stage funding, will likely involve enhancing its training methodologies, expanding its mentorship network, and forging new market linkages to further solidify its economic empowerment model. The focus remains on sustainable development and measurable impact within the communities it serves.
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