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Equity Bank Unleashes Mega SME Deals in Arua! Traders to Eat Big With New Financing Packages

by Mulengera
12 months ago
in NEWS
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M7 Flags Off Salaama–Munyonyo Road Works, Urges Leaders to Focus on Wealth Creation
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By Mulengera Reporters
Equity Bank Uganda has pledged continued support to small and medium enterprises (SMEs) in Arua, emphasizing the role of value chain financing in transforming businesses and communities.

During the Tupange Business Ne Equity forum held under the theme “Financing Integrated Value Chains and SME Growth”, business owners, community leaders, and partners gathered to discuss how SMEs can leverage financial solutions for growth.

Charles Orodriyo, the Branch Manager of Equity Bank Arua, said the initiative reflects the bank’s vision of transforming lives. He urged entrepreneurs to embrace change, noting that business growth is tied to personal development.

Delivering the executive address, Robert Wanok, Head of Retail Banking, stressed Equity’s Pan-African focus through the Africa Recovery and Resilience Plan. He outlined agriculture, mining, manufacturing, trade, and MSMEs as priority growth sectors, adding that the bank is investing in digital and credit solutions to unlock opportunities across regional trade corridors.

The bank also showcased tailored financial products such as Easy Stock Financing, Grain Trader Financing, Easy Float Financing, Asset and Vehicle Financing, and unsecured credit for contractors and suppliers.

The forum concluded with the SME Awards 2025, recognizing outstanding businesses in the Greater North. Madi West-Nile Diocese, Cress Africa Foundation Limited, and Kuluva Hospital were among the winners.

Equity Bank said it remains committed to “walking alongside SMEs,” helping them access finance, strengthen networks, and contribute to Uganda’s economic development. (For comments on this story, get back to us on 0705579994 [WhatsApp line], 0779411734 & 041 4674611 or email us at mulengeranews@gmail.com).  

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