Centenary Bank in partnership with other stakeholders have joined the effort to launch the Women for Her campaign themed 365 savings Challenge at Old Kampala Secondary School. It aims at encouraging the girl child to save so as to be financially empowered. The campaign will cover 50 select schools in a space of 16 months targeting to reach 25,0000 girls.
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Centenary Bank stakes Ush50million to empower Girl Child Financially

Girls have been urged to take up saving which will further propel them into entrepreneurs as they play an integral part in the nation’s economic progress.

The was said by Anatali Nambooze the Project Lead Women for Her that will be implemented for 16 months and targets to reach over 25,000 young girls from 50 secondary schools across Uganda.

“This project aims at promoting the financial inclusion of young girls through using mentorship by women and encouraging high involvement of the financial institutions.

“It targets local and modern mobile banking systems, the integrated use of a unique model of media campaigns such as television, radio, social media as well as attracting the private sector participation,” said Nambooze during the launch of the project “Women for Her Campaign” themed 365 Savings Challenge at Old Kampala Secondary School.

It will act as a platform for the young girls to learn the financial foundations and prepare them for the after school into the social-economic environment.

It will also build convergence between the skills acquired in school, business startups and those required in the market and regular face to face awareness events.

Beatrice Lugalambi, General Manager Corporate Communications and Marketing at Centenary Bank said they will open Cente Junior and CenteVolution Accounts for the girls to be able to save.

“We have made a contribution of Ush50 million towards this cause,” said Lugalambi.

She said when a girl saves, one realizes that the household is also saving. Lugalambi added that since women influence the household in a number of financial decision that needs to be made, their partnership with Women for Her will enable the girl child to save from a young age for better economic empowerment.

The Project is aligned to the Global Agenda 2030 which presents an opportunity for young people to explore opportunities for job creation, entrepreneurship and self-reliance and is in line with the government plan to empower the youth and increase employment creation through fast-tracking skills development as per the National Development Plan.