What is "sypo"

Stichting SYPO is a Dutch NGO established in 2003, with the objective to 'offer structural aid in Uganda by initiating and supporting projects with a sustainable, entrepreneurial character'. SYPO focuses on microfinance and SME financing in rural areas. The NGO has confined its operations to the former Mukono District. SYPO works with around fifteen volunteers in the Netherlands, and works with paid employees and partner projects Uganda. The core focus of SYPO is microfinance, through its Ugandan subsidiary SYPO Uganda Ltd. The main achievement of SYPO has been to develop a business model to reach women in very remote areas with low-cost business loans, relying on " lean" principles and sophisticated online IT systems. SYPO's Director is Duko Hopman, supervised by a board which is chaired by Ger van der Bruggen.