By Mulengera Reporters Equity Bank Uganda has pledged more support to small and medium enterprises (SMEs) in West Nile, saying they are key to trade and economic growth in the region.
At the Tupange Business Ne Equity forum held in Arua on Wednesday, the bank introduced new products designed to help SMEs access credit more easily and grow their businesses. The event brought together business owners, community leaders and development partners to discuss challenges and opportunities for local enterprises.
Mr. Robert Wanok, the bank’s Head of Retail Banking, said Equity Bank’s focus is not only on lending but also on building strong value chains and opening up regional markets. He explained that the bank is working with key sectors such as agriculture, trade, manufacturing and mining to support recovery and resilience.
Speakers at the forum pointed out common problems facing SMEs in Arua. These include selling raw produce without adding value, poor record-keeping that limits access to loans, and weak market linkages that stop local producers from reaching bigger opportunities.
To bridge these gaps, Equity Bank showcased a range of financial products, including Easy Stock Financing for retailers, Grain Trader Financing for produce buyers, Easy Float Financing for mobile money agents, Asset and Vehicle Financing for equipment needs, and unsecured loans for contractors and suppliers with valid contracts.
Keynote speaker Draecabo Trinity Ceasar, Chairperson of Ayivu Development Agency, advised business owners to work closely with banks, saying SMEs should treat bankers as partners in growth, just as regular learning builds personal growth.
The forum ended with the SME Awards 2025, where outstanding businesses in the Greater North were recognized. Madi West-Nile Diocese received the Business Influencer Award, Cress Africa Foundation Limited won the Customer Loyalty Award, while Kuluva Hospital was honored for strengthening business networks.
Equity Bank said its goal is to walk with SMEs, helping them grow stronger businesses that can create jobs, add value to local produce and open Uganda’s doors to bigger markets.
