Under the Women in Business (WiB) program, dfcu bank in partnership with the Uganda Law Society (ULS), recently held a financial literacy training session for over 50 women lawyers in Kampala. The session conducted at the dfcu Head offices in Nakasero on Friday 12th October 2018 is a component of the programme aimed at inspiring and empowering women to tackle the challenges faced in the business environment.
Commenting on the women lawyers’ training, Jacqueline Namazzi, Chairperson ULS Female Lawyers Committee said; “dfcu has a strong partnership with the female lawyer’s committee. We work with them and we come in to advise their businesswomen especially those who work in Kikuubo, but this time we felt that the female lawyers themselves needed financial literacy training. We know so much about the law, about court, but little on personal and business finances. We felt that the lawyers needed that extra education. It’s not a bad idea for them to be exposed to the different investment and saving avenues that the bank offers but also mainly how to manage finances.”
“Investment avenues are out there but managing ones’ own finances as a person, as a law firm whether you are in government or civil society is daunting and that is why we decided to be part of the financial literacy training to gain that extra skill set.” Jacqueline added.
According to Victoria Byenkya, Manager Women in Business, women bring their own unique perspective and voice to the world of finance and as their voice becomes more prevalent, everyone will continue to benefit from the financial literacy conversation. “More women today are realizing the importance of being financially literate. They feel more empowered to control their personal, family and business finances,” she added.
“From the training I was able to be educated about the basics – things that you know but don’t really do. The more you hear them, you realize the need to take action on saving, investment and living a simple life. I would highly recommend more sessions for financial literacy are set up for us and of course, I appreciate dfcu bank for putting this together” said Charlotte Nalumansi one of the trainees.
So far, a total of 1,370 women have benefited from the dfcu WiB business trainings since the start of the year. Since inception of the programme in 2007, over 25,000 women have benefitted from the capacity building sessions.