DFCU Bank Starts Nationwide Clinics To Support Women In Business

Even with about 65% share of businesses on the street in the country, women are still held back by low self-esteem and high levels of illiteracy. "Women need to elevate themselves in terms of strategies to improve their education. Lots of things are taking place, they need to do lots of research especially on the businesses that they are doing. They just go into businesses and do blind businesses and eventually fail. Women need to improve their health, you know that most of us after we go into the baby, boom seasons or arena we tend to forget ourselves there and our businesses fail. We need to boost our empowerment in terms of what we do, we need to boost the decision making power most women leave that to the husband." Said, Victoria Byenkya – Manager, Women in Business – DFCU Bank.

It is also apparent that majority of women aspiring to be entrepreneurs desperately lack finance literacy coupled with unique obstacles given the agenda. "Let's stop the habit of just spending, spending unnecessarily and try to back our capital for our businesses to first take shape. Before you spend the money first add it back to your business, let your business be able to stand and then you can spend." Said, Celia Kansiime – Director, Mish Farm.