{"id":103214,"date":"2025-06-29T07:04:48","date_gmt":"2025-06-29T07:04:48","guid":{"rendered":"https:\/\/www.africa-press.net\/uganda\/all-news\/equity-bank-uganda-and-unilever-uganda-form-partnership"},"modified":"2025-06-29T07:35:22","modified_gmt":"2025-06-29T07:35:22","slug":"equity-bank-uganda-and-unilever-uganda-form-partnership","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/uganda\/all-news\/equity-bank-uganda-and-unilever-uganda-form-partnership","title":{"rendered":"Equity Bank Uganda and Unilever Uganda Form Partnership"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Uganda. <\/strong><\/span><b>Equity Bank Uganda and Unilever Uganda announced a strategic financing partnership aimed at enhancing liquidity and operational efficiency within Unilever\u2019s distribution network. The partnership, launched at a breakfast engagement-themed &#8220;Unlocking Financing Opportunities for Distributors,&#8221; introduces the Eazzystock Financing Product, a working capital loan solution specifically designed for distributors, retailers, and stockists.<\/b><\/p>\n<p>This initiative provides easier access to affordable working capital, enabling Unilever\u2019s distribution partners to maintain inventory levels, improve cash flow management, and strengthen the supply chain across Uganda.<\/p>\n<p>&#8220;At the heart of Equity\u2019s mission in Uganda is driving social and economic transformation,&#8221; said Christine Mukasa Mugerwa, Acting Head of Corporate Banking, at Equity Bank. &#8220;That bar of soap matters. So how do we ensure it reaches the people who need it while transforming the shop attendant\u2019s life in the process?&#8221;<\/p>\n<p>The financing offers flexible working capital loans ranging from UGX 1 million to UGX 3 billion. The application process involves a single one-time sign-up, with account auto-sweep functionality enabled. Loan terms and usage are reviewed quarterly. Loans up to UGX 1 billion are unsecured, while those exceeding this amount require security or collateral.<\/p>\n<p>&#8220;You need funds that move as fast as your business,&#8221; added Christine Mukasa Mugerwa. &#8220;Equity\u2019s working capital solutions, tailored for real-world businesses like those in the Unilever ecosystem, are quick, convenient, and require just a one-time sign-up. Access up to UGX 3 billion.&#8221;<\/p>\n<p>Barbara Aseera, Head of Manufacturing and Logistics, Equity Bank Uganda, emphasized the strategic impact of the partnership, stating, &#8220;This partnership facilitates easier access to affordable working capital, enabling Unilever\u2019s distribution partners to maintain inventory levels, improve cash flow management, and ultimately strengthen the supply chain across Uganda.&#8221; She further noted, &#8220;Equity Bank&#8217;s stock financing model was born out of a need to keep businesses alive in the wake of COVID-19. We recognized that many longstanding distributors had their working capital wiped out, and we stepped in to ensure business continuity.&#8221;<\/p>\n<p>Gerald Tentena, General Manager \u2013 Supreme Branch, Equity Bank Uganda, highlighted the tailored approach of the financing solutions: &#8220;Together with partners like Unilever, we\u2019ve developed tailored financial solutions that meet the unique needs of specific distributor networks. It\u2019s not a one-size-fits-all model, it\u2019s deliberate and responsive.&#8221;<\/p>\n<p>Luck Ochieng, Managing Director \u2013 Unilever Kenya &amp; Uganda, speaking virtually from Nairobi, praised the collaboration: &#8220;Our success in Uganda is built on the strength of partnerships like the one we have with Equity Bank. Together, we\u2019re not only moving product, we\u2019re creating opportunities for shared growth.&#8221;<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Uganda<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Uganda. Equity Bank Uganda and Unilever Uganda announced a strategic financing partnership aimed at enhancing liquidity and operational efficiency within Unilever\u2019s distribution network. The partnership, launched at a breakfast engagement-themed &#8220;Unlocking Financing Opportunities for Distributors,&#8221; introduces the Eazzystock Financing Product, a working capital loan solution specifically designed for distributors, retailers, and stockists. This [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":103213,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[234],"class_list":["post-103214","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-uganda"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Equity Bank Uganda and Unilever Uganda Form Partnership - Uganda<\/title>\n<meta name=\"description\" content=\"Equity Bank Uganda and Unilever Uganda announced a strategic financing partnership aimed at enhancing liquidity and o ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/uganda\/all-news\/equity-bank-uganda-and-unilever-uganda-form-partnership\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Equity Bank Uganda and Unilever Uganda Form Partnership\" \/>\n<meta property=\"og:description\" content=\"Equity Bank Uganda and Unilever Uganda announced a strategic financing partnership aimed at enhancing liquidity and o ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/uganda\/all-news\/equity-bank-uganda-and-unilever-uganda-form-partnership\" \/>\n<meta property=\"og:site_name\" content=\"Uganda\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-29T07:04:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-29T07:35:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2025\/06\/sm_1751171600.482041.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1728\" \/>\n\t<meta property=\"og:image:height\" content=\"1152\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/equity-bank-uganda-and-unilever-uganda-form-partnership#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/equity-bank-uganda-and-unilever-uganda-form-partnership\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Equity Bank Uganda and Unilever Uganda Form Partnership\",\"datePublished\":\"2025-06-29T07:04:48+00:00\",\"dateModified\":\"2025-06-29T07:35:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/equity-bank-uganda-and-unilever-uganda-form-partnership\"},\"wordCount\":436,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/equity-bank-uganda-and-unilever-uganda-form-partnership#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2025\/06\/sm_1751171600.482041.jpg\",\"keywords\":[\"uganda\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/uganda\/all-news\/equity-bank-uganda-and-unilever-uganda-form-partnership#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/equity-bank-uganda-and-unilever-uganda-form-partnership\",\"url\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/equity-bank-uganda-and-unilever-uganda-form-partnership\",\"name\":\"Equity Bank Uganda and Unilever Uganda Form Partnership - 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