How is microfinance driving business empowerment in Uganda?

Agence Française de Développement (AFD) is proud to support entrepreneurship in Uganda through its partnership with Pride Microfinance. This collaboration provides vital SME loans for business owners, like Nabayego Halima, to access the capital needed to purchase materials and expand their operations. With AFD's backing, Pride Microfinance has maintained an excellent repayment record, reflecting the strength of this financial inclusion model. By empowering women and young entrepreneurs in particular, this initiative contributes directly to sustainable economic growth and inclusive development. Nabayego’s inspiring journey illustrates how accessible financing can transform livelihoods and foster resilient local economies.
The project aims to reduce poverty and provide equal opportunities for all. As of July 31, 2024, 5,626 beneficiaries — including micro-, small-, and medium-sized enterprises— had benefited from the credit line.

Find out more about the project: https://www.afd.fr/en/projects/suppor...

Our partners:
https://www.pridebank.co.ug//
  / pride-microfinance-uganda   https://x.com/pridebankltd
  / pridebankltd  


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