DFCU mentored women entrepreneurs embark on Nairobi learning curve

January 23, 2020 in Business, Companies by Editor

Ugandan lender DFCU Bank and partners Monitor Publications and Uganda Investment Authority yesterday flagged off on a learning tour to Nairobi, the winners of the second season of ‘Rising Woman.’ The trip is intended to expose them to best practices in their different business undertakings.

The 6-month nationwide campaign under the theme ‘Taking your Business forward’ attracted over 1,000 women entrepreneurs in a two-day business training camp that covered taxation, record-keeping, investment licenses, business registration and marketing. This was in addition to a two-day expo which provided women-headed businesses with a platform to showcase their products, services and share knowledge with other entrepreneurs.

The training sessions ran alongside a proposal writing competition that saw 13 women entrepreneurs emerge victorious. One was selected from among the winners of the proposal writing competition to represent their businesses in Nairobi.

Belinda Namutebi, Council Member of dfcu Bank’s Women Advisory Council officiated at the flag-off; congratulating the entrepreneurs and urging them to take advantage of the study tour and the benefits of the Bank’s tailormade financial solutions for women.

The Rising Woman initiative forms part of DFCU’s efforts to support local women entrepreneurs through the best finance options for investment, under its Women in Business Program.

Speaking at the flag-off, Victoria Byenkya, dfcu Bank’s Women in Business Manager said; “As women grow more comfortable with their finances, they are more likely to continue exploring the finance industry and all it has to offer in the future either as members of the workforce or clients.”

One of the women entrepreneurs, Betty Mbaziira Kasabiiti, of Awa Foods, a dairy products processing company, said the Rising Woman programme, has helped her, increase sales, and gain more clients. ”Kenya is very big in the dairy sector in the region and I look forward to learning more from this trip.”