ChimpReports·3 min read·medium

Over 24,000 Ugandan Micro-Businesses Receive Financing from EIB Global in Partnership with Centenary Bank

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ChimpReports
Over 24,000 Ugandan Micro-Businesses Receive Financing from EIB Global in Partnership with Centenary Bank
AI Summary

EIB Global and Centenary Bank have successfully provided financing to over 24,000 micro-enterprises in Uganda during the first year of their partnership. The initiative focuses on supporting rural businesses and female entrepreneurs, with a significant portion of funds directed toward trade and agriculture.

Over 24,000 micro-enterprises in Uganda received financing in the first year of a new partnership between the European Investment Bank Group’s development arm, EIB Global, and domestic lender Centenary Bank.

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