Rada Shoes Limited has worked with Open Capital Advisors (OCA) with support from Oxfam Novib since January 2019. OCA provided training under “Oxfam-Open Capital Business Workshop”. The training retooled Rada top managers on the salient practical issues for business turn around. Allan Ninsiima and Brian Murangira benefitted from this training, who subsequently trained the whole team.
Consequent engagements included on-factory visits, training, coaching and developing a Rada Operations model that transformed Rada Production and operations. The model is still a key reference tool at Rada.
In December 2019, OCA supported by Oxfam Novib engaged Rada Shoes in a challenge for supporting socially impactful enterprises. The challenge involved submitting a concept note and successful enterprises would move to the next level of pitching to a team of OCA and Oxfam Novib. Rada Shoes was among the businesses that successfully reached the pitching session and later emerged the winner of Euro 15,000.
The grant has been used to get Rada School shoes certified by UNBS, purchase additional industrial stitching machines and creation of an additional 6 (six) jobs full time in manufacturing.