Former Minister Hajji Abdul Nadduli has called on Small and Medium-sized Enterprises (SMEs) to take advantage of the opportunities offered by Equity Bank to boost their growth.
The celebrated NRM bush war veteran made this comment while speaking at the final lap of the popular ‘Tupange Business’ series organized by Equity Bank Uganda Limited at the Luweero Diocese Guest House in Luweero town.
Nadduli emphasized the importance of accessing financial services and mentorship to overcome the challenges faced by SMEs.
“Let us leverage opportunities from the bank to assist us grow. We also need to look for partners with skills that can assist our businesses to grow since birds of a feather flock together” shared Hajji Abdul Nadduli.
Nadduli praised Equity Bank’s commitment to supporting SMEs, citing its various initiatives such as the “Tupange Business” program, which provides financial support, mentorship, and training to small businesses.
He noted that with such opportunities, there will always be room for SMEs to expand their operations, increase productivity, and create jobs.
“SMEs are the backbone of our economy, and it’s crucial that they receive the necessary support to grow and thrive,” Nadduli said adding that Equity Bank has demonstrated its dedication to supporting SMEs, and urged all eligible businesses to take advantage of these opportunities.
Daniel Sajjabi, Director of Destiny High School, stressed during the panel discussion that SMEs should prioritize setting clear goals and focus on achieving them, rather than focusing on needs or possessions.
These calls come as Equity Bank continues to implement its strategy to support SMEs, recognizing their potential to drive economic growth and development.
The bank’s initiatives have already benefited numerous SMEs, enabling them to overcome financial constraints and achieve their goals.
Head of Retail and SMEs at Equity Bank, Galabuzi said that the institution has products tailored to benefit all categories of business customers across the country. Such initiatives are geared towards supporting& promoting business growth
