Kiteezi Collapse Victims Get Loan Relief from Opportunity Bank

Opportunity Bank has announced a complete waiver of all loan obligations for clients who were severely impacted by the Kiteezi landfill collapse on August 10, 2024. This decision was made in recognition of the significant losses faced by the affected individuals, many of whom lost both their homes and businesses in the disaster.

The Bank’s Chief Executive Officer, Owen Amanya, disclosed this during a recent event where he expressed the bank’s deep concern for those affected by the tragedy. Amanya explained that the bank understands the challenges these individuals are going through and has decided to step in to help them rebuild their lives without the added burden of loan repayments.

Opportunity Bank’s gesture aims to provide relief to clients who are struggling to recover from the aftermath of the landfill collapse. Amanya emphasized that the bank’s decision to waive the loans was made out of compassion and a commitment to supporting the affected individuals during their time of need.

“We are taking on their loan obligations to enable them to resume a normal life,” Amanya said. “This decision is made to ensure that our clients can focus on rebuilding their lives without the added pressure of financial commitments.”

Among the 30 individuals expected to benefit from the loan waiver are clients such as Sonia Ajjemba, Hellen Aoka, Rachael Nakibuuka, and Farida Nakungu. These individuals, like many others, were left in difficult situations after the landfill collapse, which destroyed homes and disrupted livelihoods.

In addition to the loan relief, Opportunity Bank also organized the distribution of essential food supplies to those affected. Amanya noted that the bank’s staff would ensure that all families in need receive the supplies, helping them meet their immediate needs as they work to recover from the disaster.

“Our teams will be working to ensure that these supplies reach every individual and family in need,” Amanya said. “Opportunity Bank takes pleasure in knowing that our clients and their families are recovering well and are back on their feet to operate their lives with dignity and purpose.”

The initiative by Opportunity Bank is part of a broader effort to support the victims of the Kiteezi landfill collapse, providing both financial relief and basic necessities as they navigate the path to recovery.