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How Equity Bank is transforming refugees into entrepreneurs through micro enterprises

Refugees being served by Equity Bank Uganda Limited officials

When refugees settle in a host country; they want to start a new life, be self-sufficient and contribute to their communities.  However, building a new life is filled with challenges especially if it means starting a business. They may find themselves cut off from credit and investment—and from other products and services that are so critically important, which becomes a limitation to building a better life.In the expansive Nakivale Refugee Settlement in South Western Uganda, Equity Bank has been experimenting with a bold approach that is charting a new course for supporting displaced people through micro-credit and micro-enterprises.Uganda being host…

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About the Author

Paul Murungi is a Ugandan Business Journalist with extensive financial journalism training from institutions in South Africa, London (UK), Ghana, Tanzania, and Uganda. His coverage focuses on groundbreaking stories across the East African region with a focus on ICT, Energy, Oil and Gas, Mining, Companies, Capital and Financial markets, and the General Economy.

His body of work has contributed to policy change in private and public companies.

Paul has so far won five continental awards at the Sanlam Group Awards for Excellence in Financial Journalism in Johannesburg, South Africa, and several Uganda national journalism awards for his articles on business and technology at the ACME Awards.

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