Aliira Simon has been crowned the winner for the NSSF friends with benefits season 3 2019.
In 2013, subsequent to accepting his NSSF retirement investment funds of UGX 85 Million, Aliira Simon who worked for Kinyara Sugar Works Limited from 1993 to 2012 resigned into sugarcane estate cultivating in Kinyara, Masindi locale. Today, Simon who contributed his retirement reserve funds to purchase 23 hectares and rent 64.8 hectares of land for his Sugar Cane Plantation has won the desired Friends with Benefits challenge with a money prize of UGX 30 million, winning 23.78% of the vote.
Simon, attributes the accomplishment of his business to inclusion of his family in the basic leadership process from the earliest starting point. “At first when I got the cash, I assembled a crisis family conference to talk about speculation choices. After so much consultation, we chose Sugar Cane Planting, something that I was at that point acquainted with and the rest is history.” The sugarcane estate that began with an underlying speculation of UGX85M in October 2012 delivered its first deal worth UGX 250m in 2015 and UGX 220m in 2016. Mr. Simon has kept on purchasing more land for him to ready to plant on an enormous scale
Mr. Patrick Ayota, the Deputy Managing Director of the Fund says that NSSF began this program for precisely stories like Simon’s with the expectation that through the shows different aspects, it would fabricate a monetarily engaged enrollment in NSSF, turn around the present pattern of the short lifecycle of organizations and give individuals other speculation alternatives upon retirement.
“The Friends with Benefits show has effectively featured the basic significance of educated speculation. My recommendation to every one of our savers is to put enough research and thought behind a venture thought before hopping into it, with the goal that you can put resources into something that can give you great returns and can ensure a supportable salary for you.” He said.
At the finale occasion, sorted out at Mestil Hotel in Kampala, the primary sprinter up with 15.90% of the complete vote was declared as Martin Owako, who left with a check of 15 million shillings. Mr. Owako, a prepared financial specialist, had worked with a few Multinational Companies before resigning at 48 to take on Mofi Uganda Limited (a privately-owned company). He needed to hold up an additional 2 years before he was qualified to pull back his age benefits. He contributed 60M by raising a private home in Pallisa, UGX 15M in Mofi visitor house, UGX 60M to buy a Tourist Van (Mofi Tours), UGX 30M to Mofi Supermarket, UGX 15M into poultry gaining practical experience in Turkey and UGX 25M in Mofi consultancy by enlisting for a P.H.D at UNICAF. Today, he makes UGX 17 Million month to month from every one of these ventures.
With 15.62% of the vote, Second Runner up Mr. Edson Mwine, a previous Kyambogo University electric professional left his college occupation to begin his own welding machine business in Rugando, Mbarara District. The multi year old Edison pulled back his excluded business benefits in 2018. With just UGX 600,000 as his advantages, Edson began a Welding business in his locale and has so far prepared in excess of 200 understudies in the field of mechanical preparing (electrical establishment and welding producing) in his locale. Edson won UGX 10 Million
The Judge’s decision grant went to Dr. Sarah Mubiru. Dr. Sarah organized a sweet assembling processing plant which she named Aroma Honey Toffee where she makes desserts out nectar. The judges’ decision grant was for the current year acquainted with remuneration a competitor whose story had extraordinary effect and parts of manageability, however didn’t make it to the main 8 finalists. Dr Mubiru stowed UGX 5 Million for her extraordinary story.
“As NSSF, we are satisfied with the show and how it is changing lives and mentalities of individuals towards building up a reserve funds culture and it is a speculation that we have seen yield direct returns for the store,” said Patrick who credits the development of the deliberate sparing plan currently remaining at more than 22,000 individuals to a great extent to tributes from Friends with benefits.