In Iganga, located in the heart of the Busoga Sub-region, a transformative movement is quietly reshaping the economic landscape. Women entrepreneurs, historically constrained by financial limitations, are now emerging as formidable players in the business sector, owing to Equity Bank Uganda’s groundbreaking initiative, Abakyala ku Ntiiko.

Equipped with knowledge as their most valuable asset and propelled by an unyielding determination, these women are redefining their financial trajectories.

Now in its second edition, Abakyala ku Ntiiko is meticulously designed to instill both the skills and confidence necessary for effective business management. Since its inception in March 2024, the initiative has generated a profound impact by offering comprehensive financial education, mentorship, and bespoke banking solutions tailored specifically for female-led enterprises.

At a recent event held in Iganga on Friday, a diverse assembly of businesswomen from various sectors convened with a shared aspiration—to fortify their financial acumen. Ruth Nakaima, Deputy Speaker of Iganga Municipality, extolled the initiative’s significance, underscoring the premise that empowering women through financial literacy serves as a direct investment in the economic prosperity of families and communities.

Equity Bank’s Regional Manager, Ronald Nakhasanga, reaffirmed the institution’s unwavering commitment to fostering economic inclusion. He introduced an array of financial products strategically designed to bolster women entrepreneurs, including Equi Mama loans, school fees financing, youth enterprise loans, and SACCO loans. He emphasized that financial independence transcends mere access to capital; it necessitates a profound understanding of wealth management to ensure sustainable success.

Barbara Namata, Relationship Supervisor for Group Lending, provided further insights into additional financial instruments such as microloans, asset financing, agribusiness credit, and group-based funding solutions that eliminate the need for collateral. These meticulously structured financial solutions, she explained, aim to bridge the chasm between ambition and achievement for women in business.

The event was not merely an educational forum; it was a celebration of resilience and entrepreneurial progress. Women shared their narratives of transformation—transitioning from informal enterprises to well-structured, thriving businesses. Many attributed their success to the invaluable financial resources and strategic guidance provided by Equity Bank. The ambiance was charged with optimism, as participants engaged in meaningful discourse, exchanged innovative ideas, and forged networks poised to extend well beyond the confines of the event.

By championing financial literacy and inclusion, Abakyala ku Ntiiko is not only redefining business landscapes but is also reinforcing the economic empowerment of women—an essential pillar for sustainable national development.