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@kfm Fri, 01 Mar 2024 04:40:04

Women leaders call for banking awareness to empower businesses

Women leaders are advocating for increased awareness on banking services, believing it will empower women in business by providing them with strategic information for economic advancement. Ms. Ruth Asasira, the Head of Women in Business at DFCU Bank, highlighted that Uganda leads in women’s entrepreneurship in sub-Saharan Africa, with over 38% of entrepreneurs being women. However, only 24% of the credit portfolio in regulated institutions is allocated to women. She further stated that DFCU Bank’s women in business program continues to drive credit uptake among women by reducing interest rates and offering unsecured credit facilities to support women-owned businesses across the country. Addressing journalists on Thursday ahead of the Women’s Day Information Highway event to be held on International Women’s […]

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