Feb 28, 2024

Share this Article:

Dfcu Bank boosting women at all levels

In February the women entrepreneurs who emerged as the top 10 contestants in the 2023 season of dfcu’s Rising Woman Initiative concluded an all-expenses paid study tour to Nairobi, Kenya, courtesy of dfcu Bank.

The dfcu Rising Woman Initiative is sponsored by dfcu Bank, Daily Monitor, Uganda Investment Authority and Uganda Airlines. The 6th season attracted over 200 participants who submitted business proposals in a bid to win business funding, business mentorship and the study tour.

Led by Ruth Asasira- Head, dfcu Women in Business, the entrepreneurs participated in learning sessions with notable Kenyan entrepreneurs and experts including; Dr Patricia Murugami [Global Growth Catalyst and Leadership Educator], Rina Hicks, Vicky Karuga, Jeniffer Kago – Koome, ANNE MUHIA ( CPA K ), Sally Kahiu, Patricia Okelo and Epic Lorraine Life Events.

The entrepreneurs also made trade visits to: Wedgehut Foods Ltd. @VivoFashionGroup; Java House Africa – a leading brand in the Hotel, Restaurant and Catering (HORECA) markets in East Africa and, Wazawazi Leather which works with ethically produced materials to create products that represent the pinnacle of African craftsmanship.

Rising Woman aims to recognize, celebrate, and promote a culture of mentorship among women in the business space in Uganda. It falls under dfcu’s Women in Business Program which aims to create a business enabling environment for women entrepreneurs, with a special focus on Small and Medium Enterprises (SMEs).

Launched in 2018, Rising Woman has directly benefited more than 60,000 women and over 1,000,000 more, virtually, through a range of programs.

dfcu Bank has made an investment of over UGX 120,000,000 of seed capital to the winners of Rising Woman since 2018.

For more information visit www.dfcugroup.com

Read Similar

Norfund matched record for investing in developing countries

Norfund matched record for investing in developing countries

Norfund maintained its robust investment in developing countries in 2023, matching the record level of 6.5 billion NOK from 2022 despite a global decrease in foreign direct investment. CEO, Tellef Thorleifsson highlighted the organisation's commitment to job creation...