Kadaga hails Finance Trust Bank for fostering sustainable development

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Kadaga hails Finance Trust Bank for fostering positive change, sustainable development

The First Deputy Prime Minister of Uganda and Minister for East African Community Affairs, the Rt. Hon Rebecca Alitwala Kadaga, has applauded Finance Trust Bank for supporting Busoga Kingdom activities and other initiatives in the region.

Speaking during the “Ekigangu kya Busoga –Partners meeting held at Kingdom Kampala in Uganda’s Capital, Hon Kadaga lauded the partners led by Finance Trust Bank for supporting charitable endeavors to serve the common good, demonstrating loyalty to Ugandans.

‘’ The Women’s Trust Bank has come in to support the Ekigangu Kya Busoga for the next several years. Thank you for fulfilling the objectives of the formation of the Women’s Finance Trust Bank. Delighted  to receive a contribution of Shsh 5m to support the Ekigangu Kya Busoga youth  retreat to be held in Mayuge in December  2023’’, noted Kadaga.

Percy Paul Lubega, the Head of Marketing and Business Development at Finance Trust Bank  says the Bank, a leading financial institution with 35 branches across Uganda, has reaffirmed its commitment to social responsibility by teaming up with the Busoga Kingdom to support this year’ ‘Ekigangu kya Busoga’, a cultural event aimed at promoting education and empowering children in the region.

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Lubega noted that the institution has a strong presence in various regions of Uganda and is dedicated to fostering positive change and sustainable development within local communities.

‘’As part of this ongoing commitment, the bank has joined hands with the Busoga Kingdom in an initiative that seeks to encourage children to pursue their education and deter early marriages, particularly among young girls’’, said Lubega.

The Busoga Kingdom, renowned for its rich cultural heritage, is organizing “Ekigangu kya Busoga” a forum where children can have a voice but also a forum for the restoration and revival of the Kisoga culture among children. This event brings together community leaders, educators, and young learners from across the region. The intention of “Ekigangu kya Busoga” is to meaningfully engage with both the women and children in activities that can help break the poverty cycle in the Busoga region – and this can be done by creating awareness on financial literacy.

‘’Finance Trust Bank is honored to be a key partner in this initiative, which aligns with the bank’s core values of promoting education, gender equality, and the economic empowerment of women’’, added Lubega.

He added that Finance Trust Bank recognizes the transformative power of education and is committed to advocating for its importance.

By joining hands with the Busoga Kingdom, the bank aims to inspire children to pursue their studies, empowering them with knowledge and skills for a brighter future. A central focus of this partnership is the empowerment of women in rural areas.

 

Finance Trust Bank has a longstanding commitment to serving women entrepreneurs and promoting their financial inclusion. The event will emphasize the value of education in helping young girls avoid early marriages and empowering them to make informed choices about their futures.

According to the bank officials, the event will serve as a platform for open dialogue among community leaders, educators, and youth.

‘’Finance Trust Bank will actively participate in discussions, sharing insights and experiences to inspire change and foster collaboration. As part of the event, attendees will have the opportunity to celebrate the vibrant culture and traditions of the Busoga Kingdom’’,Lubega further noted adding that the bank has contributed UGX 5,000,000 in towards the success of the event.

‘’By promoting education and empowering women, the bank aims to create a lasting positive impact in the communities it serves’’, he added.

The team leader, owek. Dr. Joyce Abaliwano Mulebeke, who attributed their achievements as Ekigangu to team work and consistency, appealed to parents, guardians and development partners to trust the organization by registering their children for the forthcoming retreat and thanked their partners for supporting this initiative.

FTB is a women’s bank and women are the main custodians of children in the family.  Women account for 52% of the total population of Busoga while 0 to 18 years old account for 70% of the total population.

Other partners present were; members of the Indian association of Uganda-Jinja , Prof.Peter Waiswa a mental health Director, Rita Bazabyabire, Richard Mwami and Nyamhunge Victoria all from Rotary club of Kyadondo.

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