The GROW initiative builds upon dfcu’s legacy of supporting women entrepreneurs, an effort that dates back to its flagship Women in Business (WiB) program, which has empowered thousands of Ugandan women.
Dfcu bank
The annual initiative is organized as part of dfcu Bank’s ongoing commitment to empowering organizations that drive community transformation, provided an important platform for dialogue and knowledge-sharing on how NGOs can diversify funding streams, strengthen local partnerships, and optimize financial management.
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.
Her joining the dfcu Women in Business (WiB) Program at the Bank has been a godsend in many ways making finance easier to access, exposure to new opportunities and learnings, attracting the right talent for her business and many other opportunities that come with being in a community of likeminded people.
This campaign is part of dfcu Bank’s celebration of its 60-year legacy as a Ugandan bank that has played a significant role in the socioeconomic development of the country, since its origins as a development finance institution.
The GROW Project, funded by the World Bank and implemented by the Ministry of Gender, Labour and Social Development and the Private Sector Foundation Uganda (PFSU), aims to increase access to entrepreneurial services for women entrepreneurs across Uganda.
dfcu Bank has reaffirmed its commitment to transforming lives, businesses, and communities across Uganda through its “60 Acts of Kindness” staff campaign with all the Bank’s staff around the country taking part in a series of corporate social responsibility (CSR) initiatives funded by both individual staff and bank contributions.
dfcu Bank has announced its financial results for the first half of fiscal year 2024, reporting an improved performance in Net profit after tax, which increased by 45% to UGX 42 billion in June 2024 from UGX 29 billion in June 2023
The bank’s innovative solutions, localised products and community interventions aim at fostering sustainable development by channelling investment into key areas that will benefit the region’s inhabitants, businesses and communities.