Thursday, May 22, 2025
UG Standard - Latest News
  • Home
  • News
    • DIPLOMACY
    • COURT
    • AFRICA
    • BOOK REVIEW
    • INTERVIEW:
    • National
    • Parliament
    • World
    • Regional
  • Business
    • AGRIBUSINESS
    • OIL & GAS
    • REAL ESTATE
    • TECH
    • INNOVATIONS
    • TELCOM
  • OpED
  • EDUCATION
  • INVESTIGATION
    • NATIONAL ARCHIVE
    • SPECIAL REPORT
    • ANALYSIS
  • FEATURES
    • SOCIETY
    • Community
    • Pictorial
    • PROFILES
    • Lifestyle
    • Health
    • ENVIRONMENT
  • Tours & Travel
    • Hotel & Hospitality
  • Sports
  • About Us
  • Login
UG Standard - Latest News
Your browser does not support the video tag.
ADVERTISEMENT

KCB Bank Uganda Partners with Mkazipreneur to Boost Financial Inclusion Among Women Entrepreneurs

by JAVIRA SSEBWAMI | PUBLIC EDITOR
28/01/2024
in News
Reading Time: 2 mins read
A A
0
Share on FacebookShare on Twitter
Agnes Mayanja Namyalo, (2nd L), KCB Bank Executive Director and Immy Nakyeyune, (2nd R), Founder and Leader at  Mkazipreneur pose for a photo with other KCB Bank staff members during the partnership event at Mkazipreneur offices in Kampala
Agnes Mayanja Namyalo, (2nd L), KCB Bank Executive Director and Immy Nakyeyune, (2nd R), Founder and Leader at Mkazipreneur pose for a photo with other KCB Bank staff members during the partnership event at Mkazipreneur offices in Kampala

KCB Bank Uganda, has partnered with Mkazipreneur, a Ugandan-based community platform dedicated to fostering and advancing women’s entrepreneurship in Africa, and one that supports working women in both the informal and formal sectors through financial literacy.

KCBU, through its initiative dubbed KCB Flme, will work closely with Mkazipreneur to bridge the gender gap in accessing financial services and empower women. Through this partnership, Ugandan women will be able to access an all-encompassing package, including salary loans, unsecured business loans, overdrafts, mortgages, and personal and life insurance; services that have been predominantly utilized by men.

Related posts

D/ASP Charles Twine (in army green jacket) with Noah Mutwe arriving at Buganda Road court on Thursday. (Courtesy photo)

Former CID spokesperson Twine charged for ridiculing President Museveni and Gen Muhoozi

22/05/2025
158
Justice Catherine Bamugemereire (Courtesy photo)

Uganda set to Host Alternative Dispute Resolution commercial justice Summit

22/05/2025
158

Mufti Returns from Russia

21/05/2025
158
The accused person (standing) in court on Tuesday as they read for him the charges. Courtesy photo

Former Lira district Councilor remanded over charges of Conspiracy to defraud

20/05/2025
167

This partnership will also be instrumental in providing female small business owners with affordable resources, skills training, workshops, platforms to showcase products, financial advice, and a supportive community to lean on.

Speaking at the launch event, Agnes Mayanja Namyalo, the Executive Director at KCB Bank said, “This partnership today will introduce opportunities for women to access loans with fair interest rates, other KCBU products and services with minimal or no collateral and will open doors for them to explore various business opportunities.”

Mayanja emphasized the need for women to unite in achieving their dreams; “Through networking, training, and mentoring opportunities, we shall break barriers in male-dominated business sectors, providing our female clients with access to larger volumes of growth capital,” she said.

Diana Komukama, Head of Marketing and Communications at KCB Bank Uganda highlighted the importance of women’s equity, equality, and empowerment.

She stated, “We are committed to bettering the communities we live in, starting with the mothers of the nation. Through partnerships like these, we affirm our commitment to empowering all women in business by providing a suitable product portfolio, regardless of status, age, or occupation. Supporting mothers also means extending support to their children.”

Immy Nakyeyune, the Founder and leader, Mkazipreneur welcomed the partnership and hailed KCBU for their efforts in empowering women financially. By empowering women with the right financial skills and tools, we are empowering the whole nation.”

She said, “It has always been said that when you educate a woman, you educate the whole nation.

According to the Bank of Uganda National-Financial-Inclusion-Strategy 2022, 38% of men vs 25% of women, have an account at a financial institution, save or borrow money and understand financial services.

However, women do use informal financial services more than men in Uganda with 34% usage for women versus 27% for men, so levels of exclusion from any form of financial services is similar for men and women. It is important to note that formal usage of financial services and financial capability among women is lower than for men.

This BOU report attributes the gender gap to cultural beliefs such as women not owning property, low female employment, stigmatization against women in the employment sector, lack of female backing from their spouses, lack of financial education and enlightenment, among other social, political, and economic factors. Steps to close this gap have been taken by government, NGOs, women bodies, and other relevant stakeholders.

Share this:

  • Share
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on X (Opens in new window) X
  • Click to share on Pinterest (Opens in new window) Pinterest
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on WhatsApp (Opens in new window) WhatsApp

Like this:

Like Loading...

Related

Tags: Agnes Mayanja NamyaloFeaturedKCB Bank Uganda Partners with Mkazipreneur to Boost Financial Inclusion Among Women EntrepreneursMkazipreneur

Related Posts

 Abbas urges U.S. to compel Israel to stop violations against Palestinians
News

 Abbas urges U.S. to compel Israel to stop violations against Palestinians

05/11/2022
0
236

Abbas urges U.S. to compel Israel to stop violations against Palestinians RAMALLAH, Nov. 4 (Xinhua) -- Palestinian President Mahmoud Abbas...

Read moreDetails
Equity ranked 4th strongest banking brand globally on brand strength, scoring 92.4 points out of 100

 Equity Bank Under Scrutiny for Alleged Role in UGX.3bn Fake Gold Scam

09/07/2024
531
Kabuleta and other opposition politicians have teamed up to put an end to Museveni's leadership

 Kabuleta, other opposition politicians team up to put an end to Museveni’s leadership

27/02/2024
391
President Museveni

 Museveni commends Ugandan scientists! 

21/07/2020
854
Load More

Popular Articles

  • Check out the top schools with pupils who scored 6 in 4 aggregates in the 2024 PLE results, as released by UNEB

    PLE 2024 Results: Top Schools with 6 in 4 Aggregates

    4300 shares
    Share 1720 Tweet 1075
  • NIRA unveils high-tech National ID, mass enrollment set to begin

    2584 shares
    Share 1034 Tweet 646
  • FULL LIST: Ministry of Education, NCDC publish self-study workbooks amid COVID-19 lockdown

    3318 shares
    Share 1346 Tweet 822
  • How to Check PLE Results 2024 on Phone, Online

    1776 shares
    Share 710 Tweet 444
  • PLE 2024 Results: UNEB Clarifies on Release Date

    1646 shares
    Share 658 Tweet 412
  • MPs clear govt to cancel 2020 academic year

    2795 shares
    Share 1149 Tweet 686
  • UNEB agrees to adjust examinations timetables to accommodate lost time

    2660 shares
    Share 1086 Tweet 656

Recent Articles

Ugandan human rights advocate Agather Atuhaire speaks passionately on civic space in Kampala.

Uganda gov’t writes to Tanzania over detained rights firebrand Agather Atuhaire

22/05/2025
MediPay, a new InsurTech solution from the 2025 COMESA Women in FinTech Hackathon, empowers rural women in Zambia & Malawi with digital tools for affordable healthcare access, loans, & insurance

MediPay Targets Healthcare Access for Rural Women in Zambia, Malawi

22/05/2025
D/ASP Charles Twine (in army green jacket) with Noah Mutwe arriving at Buganda Road court on Thursday. (Courtesy photo)

Former CID spokesperson Twine charged for ridiculing President Museveni and Gen Muhoozi

22/05/2025
Uganda faces a staggering 3 trillion shilling fiscal loss annually as illicit alcohol consumption, driven by extreme affordability, accounts for 40% of the total market value.

Uganda Faces Billions in Tax Losses from Thriving Illicit Alcohol Trade

22/05/2025

IBA concludes global ESG training program for lawyers

22/05/2025
Phillip Kihumuro the Forest Restorations Project Manager WWF Uganda.

WWF Uganda advocates for local-led conservation

22/05/2025
Uganda's export earnings soared 40% in March 2025 to $899M, primarily driven by strong performances in coffee, gold, and fish, reflecting rising global prices and increased volumes.

Coffee, Gold Drive Uganda’s March Exports to Sh3.3 Trillion

22/05/2025

Recent CommentsRecent Comments

  • BIG STORY: US FDA Accepts Dei BioPharma’s Application For Ground Breaking Biological Diabetes And Weight Loss Drug – Press Uganda on BIG STORY: US FDA accepts Dei BioPharma’s application for ground breaking biological diabetes and weight loss drug
  • Week 6: 30 More Take Home Prizes In Shell Uganda Driver Promo – Press Uganda on Week 6: 30 More Take Home Prizes in Shell Uganda Driver Promo
  • Advocate Charged And Remanded Over Forgery – Press Uganda on Advocate charged and remanded over Forgery
  • Stanbic Bank Uganda Offers Preapproved Mortgages Up To 500M – Press Uganda on Stanbic Bank Uganda Offers Preapproved Mortgages Up to 500M
  • BroadPay Building Bridges To Financial Inclusion Through Local Payment Innovation – Press Uganda on BroadPay Building Bridges to Financial Inclusion Through Local Payment Innovation
UG Standard - Latest News

UG Standard, published via www.ugstandard.com isa publication of Sahel Media Solutions Ltd, a professional Digital/New Media company in Uganda info@ugstandard.com

Follow us on social media:

Latest News

  • Uganda gov’t writes to Tanzania over detained rights firebrand Agather Atuhaire
  • MediPay Targets Healthcare Access for Rural Women in Zambia, Malawi
  • Former CID spokesperson Twine charged for ridiculing President Museveni and Gen Muhoozi
  • Uganda Faces Billions in Tax Losses from Thriving Illicit Alcohol Trade
  • IBA concludes global ESG training program for lawyers
  • WWF Uganda advocates for local-led conservation

OpED

Understanding Air Expansion and Its Impact in Kasese District, Western Uganda

The Empire, the Spectacle, and the Soft Coup in South Africa

Inside South Africa’s Retail Shake-Up

Afrikaners for the U.S. as Refugees?

In Memoriam: Rajiv Ruparelia – A Legacy of Vision and Heart

© 2024 Ugstandard - Latest News by Digital/New Media company.

Welcome Back!

Sign In with Facebook
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • DIPLOMACY
    • COURT
    • AFRICA
    • BOOK REVIEW
    • INTERVIEW:
    • National
    • Parliament
    • World
    • Regional
  • Business
    • AGRIBUSINESS
    • OIL & GAS
    • REAL ESTATE
    • TECH
    • INNOVATIONS
    • TELCOM
  • OpED
  • EDUCATION
  • INVESTIGATION
    • NATIONAL ARCHIVE
    • SPECIAL REPORT
    • ANALYSIS
  • FEATURES
    • SOCIETY
    • Community
    • Pictorial
    • PROFILES
    • Lifestyle
    • Health
    • ENVIRONMENT
  • Tours & Travel
    • Hotel & Hospitality
  • Sports
  • About Us

© 2024 Ugstandard - Latest News by Digital/New Media company.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d