The Independent Uganda: You get the Truth we Pay the Price
Kampala, Uganda | THE INDEPENDENT | On Sept.23, dfcu Bank rolled out its GROW initiative to traders in Owino, downtown Kampala, marking a significant step forward in empowering Uganda’s women entrepreneurs.
Owino, a bustling hub for commerce in Kampala, is home to thousands of traders, many of whom are women striving to grow their businesses. dfcu Bank has recognized the unique challenges faced by these women and through GROW, is offering a tailored financial solution aimed at supporting women traders who are eager to expand their businesses. The lender’s Executive Director and Chief Financial Officer, Kate K. Kiiza said, “We understand that women traders have distinct challenges, such as limited access to funding and financial services, including loans and grants, which often hinders women’s ability to start or expand their businesses. As an implementing financial partner with the nationwide GROW Project, we will strive to address those challenges.”
“Through dfcu, women business owners across Uganda will get access to affordable interest rates, flexible payment plans, and comprehensive financial literacy programs which we will provide through our Women in Business Program,” Kiiza noted.
GROW builds on dfcu’s longstanding commitment to women operating Small and Medium Businesses, through its Women in Business (WiB) program, which has supported 80,000 women across Uganda with not only financial support but also crucial business skills.
