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GROW Women Borrowers Urged to Build Sustainable Enterprises and Invest Wisely

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GROW Women Borrowers Urged to Build Sustainable Enterprises and Invest Wisely
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What the report says

KAMPALA — Women entrepreneurs supported by the World Bank-funded Generating Growth Opportunities and Productivity for Women Enterprises (GROW) Project were encouraged to use loan money carefully, improve their businesses and make use of training and mentorship to support long-term growth. The guidance was delivered at a DFCU-GROW Women Borrowers Engagement session, according to SoftPower News.

The event focused on helping women borrowers turn financing into sustainable enterprises rather than short-term gains. SoftPower News reported that speakers stressed the importance of planning, investment discipline and building stronger business practices so that the beneficiaries can better manage their operations and repayments.

The GROW Project is intended to expand opportunities for women-owned enterprises in Uganda by improving access to finance and business support. In that context, the engagement session appears aimed at reinforcing the broader development goals of the program: helping women entrepreneurs grow viable businesses and make better use of the resources they receive.

SoftPower News said the borrowers were also urged to take advantage of available mentorship, which can help business owners refine ideas, navigate challenges and strengthen competitiveness. The reminder matters because access to credit alone does not guarantee business success; follow-up support often plays a role in whether small enterprises can endure and expand.

Read the full report at SoftPower News →

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