The dfcu Bank has completed a two-day training in Gulu district, Northern Uganda as the initiative continues in its efforts to equip and empower and female entrepreneurs across the country.
Over 300 women attended the two-day sessions facilitated by key experts.
The training is aimed at imparting skills necessary to run and maintain successful businesses to women involved in various ventures.
Previous trainings were held in Mbale and Ishaka districts.
An initiative under dfcu Bank’s Women in Business program, ‘Rising Woman’ seeks to recognize, celebrate and promote a culture of mentorship among women in business in Uganda.
dfcu Bank’s Gladys Nalukenge noted that the theme for this year’s Rising Woman Initiative, ‘Taking your business ahead’ focused on “…providing female entrepreneurs with the knowledge, skills and abilities to improve the way in which they operate their businesses; with a goal of enabling them to create profitable operations.”
“Through this initiative, we are focused on building women’s financial literacy skills, creating awareness of available opportunities, widening their networks, and enabling access to credit and financial support,” Nalukenge added.
A participant in the training session, Ms. Josephine P’Ochen, Proprietor of Tour De North, said the marketing and customer care skills tips acquired were enlightening. “At times we fail our businesses just because we cannot get the small things right.”
During the sessions, women are equipped with various business skills including; business planning; enterprise management, positioning for access to credit and marketing to help them leverage on existing opportunities.
Ms. Fausta Akech, a business woman in the coconut oil business noted that the training on standardization of the products was timely and eye-opening. “Many businesses tend to ignore standards; as we don’t often realize that standardization plays an important role in building and maintaining both a brand and a business.
The top 3 winners of this year’s Rising Woman Initiative will win UGX 15 million, 10 million and 5 million respectively. The Top 10 participants will go on an all-expense-paid study tour in Nairobi in January 2020.