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The GROW loan project is a five-year program set to end in December 2027. The Generating Growth Opportunities and Productivity for Women Enterprises (GROW) Project is a Government of Uganda Project, funded by the World Bank, implemented by the Ministry of Gender, Labour, and Social Development and the Private Sector Foundation Uganda in all districts, municipalities, and cities.
On August 28, 2024, GROW launched an initiative that will offer quick and affordable loans to women entrepreneurs. The Grow Loan is available at Stanbic Bank and Equity Bank, Finance Trust Bank, DFCU Bank, Centenary Bank, and Post Bank.
The Vice President of the Republic of Uganda, Rt. Major Jessica Alupo, has advised that women entrepreneurs set to benefit from the GROW loan project have a clear business plan before they apply for loans.
Finance Trust Bank has signed a Ugx 2 billion sponsorship deal with the Federation of Uganda Football Association (FUFA) in a bid to boost the women’s football league.