Lira, Uganda – Equity Bank’sAbakyala Ku Ntiiko initiative continues to ignite transformation across Uganda, and its recent event in Lira proved no exception. The gathering brought together hundreds of women entrepreneurs, mothers, and community leaders for a day of financial education, empowerment, and actionable strategies to secure their families’ futures and grow their businesses.
Insurance Solutions: Safeguarding Families and Enterprises
The event opened with a powerful focus on insurance solutions, a topic that resonated deeply with attendee Otuku Jane. Inspired by sessions led by Equity Bank experts, Jane shared:
“I now understand how insurance isn’t just paperwork—it’s a lifeline. Protecting my children’s education and healthcare, while shielding my business from risks, gives me confidence to build a better future.”
Key insurance insights included:
– Child-Focused Coverage: Policies tailored to secure children’s education and medical needs, even in uncertain times.
– Entrepreneurial Safeguards: Insurance products that protect businesses from disruptions like equipment failure, natural disasters, or liability claims.
– Future-Proofing Strategies: How combining family and business coverage creates a safety net for holistic growth.
Emmanuel Nduga, Equity Bank’s Bancassurance Officer, emphasized: “Equi-Life isn’t just about policies—it’s about peace of mind. When families and businesses are protected, communities thrive.”
Financial Solutions Designed for Women
Tony Obonyo, Manager of Equity Bank’s Micro Banking Division, unveiled tailored financial products to applause:
– Equi-Mama Loans: Accessible to women aged 18–45 with only a National ID required, offering flexible terms to fuel entrepreneurial dreams.
Group Investment Programs: Collaborative savings and loan models that leverage peer support for collective growth.
Equi-Green Financing: Special funding for eco-friendly businesses, aligning profit with planet-friendly practices.
“Women are Uganda’s economic backbone,” Obonyo stated. “These tools are designed to break barriers and unlock opportunities.”
Mastering Money: Skills for Business and Life
Esther Otim, Equity Bank’s financial empowerment expert, led a dynamic workshop on money management, stressing:
Start Small, Think Big: “Save consistently, even if it’s 1,000 shillings daily. Time is your greatest ally.”
– Budget Like a CEO: Track every expense, prioritize profit-driving investments, and avoid debt for non-essentials.
Grow Wisely: Reinvest profits and explore low-risk opportunities to build sustainable wealth.
Attendees left with actionable templates for budgeting and savings plans, ready to apply these strategies immediately.
A Call to Action: Unity Against Poverty
Peter Ssemakulu, Equity Bank’s Regional Manager for Greater North Uganda, closed the event with a stirring address:
“To every phenomenal woman here—your trust in Equity Bank is a privilege. We are committed not just to financing your businesses, but to equipping you with knowledge to transform lives. Together, we will chase poverty out of our homes and communities!”
He reiterated Equity Bank’s pledge to provide ongoing support through mentorship programs, digital banking tools, and community-driven initiatives.
Why This Matters
The *Abakyala Ku Ntiiko* event underscores a critical truth: When women are financially empowered, entire societies rise. Equity Bank’s blend of insurance safeguards, tailored loans, and financial literacy training offers a blueprint for sustainable development.
For Ugandan women like Otuku Jane, the takeaway was clear: “Today, I’m not just a business owner—I’m a strategist. I have the tools to protect my family and scale my enterprise. The future is ours to shape.”*
AbakyalaKuNtiiko | #WomenEmpowerment | #FinancialFreedom
Equity Bank Uganda remains at the forefront of inclusive finance, driving initiatives that empower women, nurture businesses, and build resilient communities. To learn more about their programs, visit [Equity Bank Uganda’s website].
