President Museveni has said that government is committed to boosting women enterprises through the Uganda Women Entrepreneurship Programme (UWEP) initiative.
Speaking at the International Women’s day celebrations at Kololo Independence grounds yesterday, Museveni said that government is providing affordable credit that women need to do business.
“Government has decided to give women a special fund to boost their enterprises. To be able to engage in business, women need to have access to affordable credit,” Museveni said.
He further added; “This new program is a landmark initiative that will enable women create wealth through boosting their entrepreneurship capabilities. It will provide affordable credit, offer technical advice and information on value addition as well as market access for their products and services.”
President Museveni made the promise to start women’s fund initiative during last year’s national Women’s Day celebrations in Kabale, after acceding to a request by then Gender Minister, Karooro Okurut.
Museveni said the programme will give women “information and training on skills that are needed to make income generation a reality. We are now set to promote women led businesses as a strategy for job creation.”
Last week, parliament disagreed on allocation Shs53 billion that has been allocated to women fund in the 2016/2017 financial year.
The money is expected to at least benefit 11,200 women groups in 19 districts.
However, Dokolo District Women Member of Parliament Cecilia Ogwal asked minister to clarify on criteria used to select districts that will benefit from the fund.
She proposed that all “districts should benefit from the women fund, rather than focusing on 19 districts leaving out the rest.”