BY RICHARD DRASIMAKU
ARUA: SUNDAY, MARCH 07, 2021
Ann Hope Anguyo, the founder and managing director of the Vendor Capital Finance ltd is not only a finance expert but also a professional teacher, farmer and businesswoman.
After teaching for one year at Alliance Global College in Arua, she secured a job at the DFCU bank as a teller in 2008.
Ann quickly rose to the position of a manager and finally the branch manager in 2014, transmitting to her working team values of business ethics learned from her parents.
Her father Isaac Anguyo is a retired Cannon in the Anglican Church and her mother Sally Anguyo is a renowned business woman and retired nurse.
A determined entrepreneur, Ann resigned from her job at DFCU bank in 2018 to begin private business-the vendor capital finance ltd.
They specialize in lending micro loans to businesses such as those involved in supplies and also give salary loans to corporate employees.
“I do business plan development for individuals and train people on best practices,” she added of her trade.
When the Coronavirus pandemic hit the country in March last year ushering in a scornful reign of lock-down, Ann graciously welcomed the challenge as an opportunity for farming.
She invested sh30m to set up a half-acre greenhouse and drip irrigation facility and began cultivation of vegetables mainly hybrid tomatoes and sweet pepper.
But she said a person can still set up a decent greenhouse and drip irrigation unit at sh7m for all year-round vegetable production.
Her choice for hybrid varieties was informed by the fact that they take short time to mature and yield more.
The tomato gets ready for harvesting after 75 days and harvesting goes on for eight months while the sweet pepper is harvested for a whole year when it starts yielding.
Ann also grows onions, watermelon and spinach and sells not less than sh1m per week worth of vegetables.
She says the market for vegetables is so readily available that she finds no headaches in selling the harvest.
After loading the tomatoes and other vegetables in her vehicle, she takes a drive-in through the town to sell on the wheels. Some of the bulky produce is sold abroad in Eastern DR Congo markets.
At 37 years, Ann says she thanks God for how far he has brought her, considering her error-prone childhood.
She began schooling at Kuluva nursery and attended primary school at Arua Demonstration School between 1990 and 1997.
She joined Muni Girls secondary school but was dismissed in S.2 when she epitomized stubbornness. She went to Mvara Secondary school but was promptly expelled to end up at Arua Academy where she finished S.2.
At this point, Ann decided that a new environment was necessary to help her work on changing the teachers’ perception as well as her parents’ perception about her.
She changed to Bloba High school for Senior three and Senior Four before joining Migade College for A’ level and Uganda Christian University for Bachelor of Arts in Education, graduating in 2007.
View on girl-child
With the kind of background she has, Ann unsurprisingly holds a liberal view of the girl-child.
“I am very passionate about women but I don’t want girls to look at themselves as the weaker sex. The nation is because of women, I don’t see why we should always think there should be preferential treatment for women,” she said.
Opting for pragmatism, Ann added: “we are a stronger gender, I always want to encourage the girl-child to know that they are stronger than they imagine; they are stronger than this society makes them to believe. Life does come with challenges and we have to take them as part of us and make sure we pass them.”
She said the trick is to be focused and keep pushing through the challenges because nothing comes easy.
“There are girls who dropout because of menstrual periods. Boys and even fellow girls laugh at them. Just wash that piece of cloth, fold it properly and go to school. You don’t have to drop out of school because of pregnancy. Yes go home and deliver the child but you can always go back to school,” Ann said.