Kampala, Uganda – Equity Bank Uganda and Unilever Uganda have today launched a strategic financing partnership aimed at unlocking access to affordable working capital for Unilever’s distribution ecosystem.
The initiative was officially unveiled at a high-level breakfast engagement held in Kampala under the theme “Unlocking Financing Opportunities for Distributors.”
The partnership introduces Eazzystock Financing, a tailored working capital loan product designed specifically for Unilever distributors, retailers, and stockists.
The solution seeks to bridge liquidity gaps in the supply chain and enhance operational efficiency across Uganda.
Key Features of the Eazzystock Financing Product
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Loan Range: From UGX 1 million to UGX 3 billion
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Application: One-time sign-up with automated account sweep functionality
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Loan Review Cycle: Reviewed quarterly
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Cost Structure: 1.15% total drawdown fee + 0.05% insurance fee per drawdown
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Security:
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Loans up to UGX 1 billion are unsecured
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Loans exceeding UGX 1 billion require collateral
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Empowering Distribution Networks
Speaking at the event, Christine Mukasa Mugerwa, Acting Head of Corporate Banking at Equity Bank Uganda, emphasized Equity’s commitment to transforming lives through financial empowerment.
“At the heart of Equity’s mission in Uganda is driving social and economic transformation,” she said. “That bar of soap matters. So how do we ensure it reaches the people who need it, while transforming the shop attendant’s life in the process?”
She added,
“You need funds that move as fast as your business. Equity’s working capital solutions — tailored for real-world businesses like those in the Unilever ecosystem — are quick, convenient, and require just a one-time sign-up. Access up to UGX 3 billion.”
Barbara Aseera, Head of Manufacturing and Logistics at Equity Bank Uganda, also underscored the strategic nature of the partnership:
“This partnership facilitates easier access to affordable working capital, enabling Unilever’s distribution partners to maintain inventory levels, improve cash flow management, and ultimately strengthen the supply chain across Uganda.”
Speaking virtually from Nairobi, Luck Ochieng, Managing Director of Unilever, lauded the initiative as part of a broader regional vision:
“Through key partnerships in trade and distribution, we’re building a program to boost business growth, with support from Equity Bank across Kenya, Rwanda, and Uganda.”
The financing package is specifically tailored for businesses operating within Unilever’s distribution chain, including retailers, wholesalers, and stockists seeking to scale operations, manage cash flow, and grow sustainably.
The Equity–Unilever collaboration marks a significant step in catalyzing financial inclusion and supply chain transformation, supporting Uganda’s broader economic development goals.
