Jinja: Banks accused of frustrating GROW project
Women leaders in Jinja have accused banks managing the government’s Growth Opportunities for Women (GROW) project of mismanaging funds, leaving them without access to financial support despite fulfilling all the requirements.
The project, launched in January 2023, was intended to empower women entrepreneurs, but stakeholders claim no beneficiaries have been identified in the city.
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During a stakeholder engagement, members of the Jinja Women League expressed frustration over their inability to access the funds.
Chairperson Edith Tibenkana voiced concerns, stating, “Since the project started, we have not seen a single woman benefit. We have deposited land titles and met every requirement, yet we are still sidelined.”
Businesswoman Annet Musika echoed similar sentiments, accusing the banks of setting up barriers that defeat the purpose of the initiative.
“The banks are frustrating this project. Women cannot succeed if those tasked with implementation block access,” she said.
Phiona Nambaziira, a women leader in Bugembe accused banks of conniving to give money to only their close friends and relatives which don't even reside in Jinja.
The GROW project, under the Ministry of Gender, Labour, and Social Development, was designed to provide financial support to women-led businesses using affordable loans.
Speaking on behalf of the Ministry, Prudence Atukwatse explained that collateral requirements were necessary to safeguard the funds.
“While collateral may seem restrictive, it ensures that the project’s finances are used responsibly,” she clarified.
However, banks involved in managing the funds maintain that the money has been disbursed to eligible clients.
Gilbert Biragawa, a banker at one of the partner institutions, stated, “We have released all the money extended to us by the government, but we are bound by ethical policies not to disclose the identities of beneficiaries.”
Jinja Resident City Commissioner (RCC) Richard Gulume said he would investigate the matter.
“We will look into all the partner banks to verify which women received the funds. If there is mismanagement, we will hold those responsible accountable,” Gulume affirmed.
The allegations have cast a shadow over the GROW project’s implementation, raising questions about transparency and accountability in handling government initiatives aimed at empowering women.
