THE GROW PROJECT

GROW is a Gov’t of Uganda project financed by World Bank to enable Micro & Small scale women entrepreneurs grow their enterprises.

[THE GROW PROJECT @UgGrowproject]

The Practice Manager for Social Development at the ⁦@WorldBank⁩ after visiting our beneficiaries. Here is the full interview: https://t.co/BnoAezg3sj

[THE GROW PROJECT @UgGrowproject]

Women entrepreneurs in Sheema were sensitised on the effective and responsible use of GROW financing to strengthen and expand their businesses. We remain committed to ensuring that the funds create lasting economic opportunities for women and their communities. #GROWProjectUg

[THE GROW PROJECT @UgGrowproject]

On Friday, 24 July, we joined @CentenaryBank in Sheema District to engage women entrepreneurs, local leaders and Members of Parliament on the GROW Project’s progress, achievements and opportunities for women-led businesses. #GROWProjectUg

[THE GROW PROJECT @UgGrowproject]

The engagement was graced by Hon. Adrine Katusiime Mwebesa, Woman MP for Sheema District. Through beneficiary success stories, participants reflected on the GROW Project’s milestones and explored solutions to challenges affecting access to financing. #GROWProjectUg

[THE GROW PROJECT @UgGrowproject]

To our Dear women entrepreneurs, new funds are here! @financetrustug has UGX 20Bn in GROW financing to help you restock, acquire assets and expand. Borrow up to 200M at 10% p.a. flat for up to 24 months, with no application fees. Visit any branch to apply. #GROWProjectUg

[THE GROW PROJECT @UgGrowproject]

The GROW Project Coordinators at @Mglsd_UG and @PSF_Uganda , Mr. John Ssengendo and Dr. Ruth Aisha Kasolo, reaffirmed their commitment to women’s economic empowerment and urged beneficiaries to use the financing to grow businesses, create jobs and strengthen household incomes.

[THE GROW PROJECT @UgGrowproject]

We have officially launched the GROW Project in Butambala, unlocking over UGX 5 billion in affordable financing for women entrepreneurs. The initiative is implemented by the @Mglsd_UG and @PSF_Uganda , in partnership with Kyaddondo CBS PEWOSA SACCO @cbspewosa . #GROWProjectUg

[THE GROW PROJECT @UgGrowproject]

The launch was officiated by the Katikkiro of Buganda, Owek. Charles Peter Mayiga, who urged women entrepreneurs in Butambala to make productive use of GROW financing to expand their businesses, improve their livelihoods and contribute to their communities’ economic development.

[THE GROW PROJECT @UgGrowproject]

Ms. Kisakye a businesswoman engaged in both cosmetics trade and poultry farming accessed a GROW loan to expand and finance her enterprises. The increased capital enhanced business operations, boosted sales and created employment opportunities for additional workers.

[THE GROW PROJECT @UgGrowproject]

From the GROW Loan Financing Facility, Ms. Sylvia has significantly boosted sales in her agent banking business, this leading to expansion and the creation of additional employment opportunities through hiring of more workers.

Here is her GROW Story:

[THE GROW PROJECT @UgGrowproject]

From the GROW loan, Ms. Florence accessed additional capital that enabled her to expand her mattress business by opening more outlets, increasing stock levels and boosting sales. This also improved her household income.

Here is her GROW Story:

[THE GROW PROJECT @UgGrowproject]

Through the GROW Financing Facility, Ms. Rose accessed a loan that enabled her to complete the construction of her rental units. Upon completion, the units were occupied by tenants, resulting in increased rental income and improved business profitability.

Here is her GROW Story;

[THE GROW PROJECT @UgGrowproject]

From the GROW Loan, Ms. Sanyu expanded her livestock enterprise by purchasing additional cows and improving grazing land management. This increased productivity and profitability, strengthening her household income and enabling her to better support her family’s needs.

[THE GROW PROJECT @UgGrowproject]

Through the GROW Project financing facility, Ms. Ketra a businesswoman engaged in produce trading accessed a low-interest loan that significantly strengthened her enterprise. This enabled her to increase working capital, expand stock volumes and improve business operations.

[THE GROW PROJECT @UgGrowproject]

From the GROW Project, Ms. Joyce accessed a loan that enabled her to expand and strengthen her poultry farming enterprise. This boosted her working capital, improved farm operations, and increased production capacity, contributing to improved economic resilience.

[THE GROW PROJECT @UgGrowproject]

Through the GROW Project, women entrepreneurs like Ms. Kisanet strengthen their financial management and business growth capacities through targeted trainings in financial literacy, bookkeeping, and branding.
This positions their enterprises to compete on international markets.

[THE GROW PROJECT @UgGrowproject]

Through the GROW Project, women like Ms. Safina from Kapeeka have gained access to targeted high-impact training in business development, equipping them with practical skills to strengthen and expand their enterprises as well as enhancing their economic resilience.

[THE GROW PROJECT @UgGrowproject]

The GROW Project highlights the transformative power of women in driving social and economic progress. When women speak confidently, plan and make decisions about their businesses and resources, they are positioned as active leaders within their households and communities.

[THE GROW PROJECT @UgGrowproject]

Accessing the GROW loan at a concessional (low) interest rate, Ms. Jennifer from Bugiri was able to increase her capital base, which in turn facilitated the expansion of her business through the establishment of additional structures.

Here is her GROW Story:

[THE GROW PROJECT @UgGrowproject]

Access to financing through the GROW Loan Facility enabled Ms. Yoyetta from Jinja to increase working capital in her maize milling business, which in turn strengthened operations and expanded production capacity.

Here is her GROW Story:

[UGAFODE Microfinance @ugafodeug]

At UGAFODE we are actively implementing the GROW Project, we are specifically focused on providing low-interest loans to women entrepreneurs, including those in refugee and host communities.

𝐓𝐚𝐥𝐤 𝐭𝐨 𝐮𝐬 𝐚𝐧𝐲𝐭𝐢𝐦𝐞:
𝐓𝐨𝐥𝐥-𝐅𝐫𝐞𝐞: 0800 223900 / 0800 396396
 𝐖𝐡𝐚𝐭𝐬𝐀𝐩𝐩:  [phone]