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The Growth Opportunities and Productivity for Women Enterprises (GROW) Project has disbursed Shs18.9b in loans to 1,193 women entrepreneurs across Uganda, Minister of Gender, Labour and Social Development, Ms Betty Amongi, announced.

"The 83 per cent loans going to women in small businesses of between Shs4m and Shs20m indicate that the project is benefiting the intended beneficiaries because our main aim was to help these women grow their small businesses," Ms Amongi explained.

Launched by President Museveni in March last year, the project aims to mobilize women entrepreneurs through networking, mentorship, and training. It's implemented by the gender ministry in collaboration with the Private Sector Foundation Uganda (PSFU) and Participating Financial Institutions (PFIs) like Post Bank, Centenary Bank, and Equity Bank.

Loan distribution:

995 women (83%) received loans of Shs4m to Shs20m, totalling Shs9.03b

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