{"id":53437,"date":"2023-07-29T11:37:41","date_gmt":"2023-07-29T11:37:41","guid":{"rendered":"https:\/\/www.africa-press.net\/uganda\/all-news\/parish-development-bank-can-be-set-up-within-four-years-study"},"modified":"2023-07-29T12:53:33","modified_gmt":"2023-07-29T12:53:33","slug":"parish-development-bank-can-be-set-up-within-four-years-study","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/uganda\/all-news\/parish-development-bank-can-be-set-up-within-four-years-study","title":{"rendered":"Parish development bank can be set up within four years \u2013 study"},"content":{"rendered":"

Africa-Press – Uganda. <\/strong><\/span>A new research by Carry American Relief Everywhere International (CARE), a Non-Governmental Organization that tackles the underlying causes of poverty and social injustice, shows that Parish Development Model can transform into a Parish Development Bank.<\/p>\n

The research shows that Women Economic Empowerment practitioners believe that, with the right support, PDM initiative can transform into a viable PDM bank owned by Ugandans.<\/p>\n

\u201cThis Parish Development Bank will have slightly more than Shs3.6 trillion capital within a period of four years,\u201d the report reads in part.<\/p>\n

It further states that such an initiative has the potential to influence and align current and future government and private sector programs to provide vulnerable people like women with long-term access to productive savings, credit and assets for growth.<\/p>\n

These findings were revealed by Mr Edton Babu, the CARE international project manager during the launch of Deliver Women\u2019s Economic Resilience through Enterprise and Market Systems project (DREAMS) on Friday.<\/p>\n

\u201cIn Uganda, this $31 million (Shs116 billion) program aims at reaching out to 335,000 young women in two years. DREAMS provides a core package of evidence-based interventions to address the many interlocking challenges that face them,\u201d he said.<\/p>\n

According to him, the initiative indirectly increases income for 320,000 women through the provision of technical support to existing PDM and generating opportunities and productivity for women entrepreneurs.<\/p>\n

He noted that the program will directly increase financial autonomy for 20,000 women through developing and testing innovative enterprise growth, and financial and digital inclusion models.<\/p>\n

Mr Babu noted that the initiative is capitalizing on a critical moment in the country\u2019s political and private sector landscape with increased investment in women’s economic empowerment and a growing consensus that economic growth should ensure women are equitably represented and benefited.<\/p>\n

For More News And Analysis About Uganda<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Uganda. A new research by Carry American Relief Everywhere International (CARE), a Non-Governmental Organization that tackles the underlying causes of poverty and social injustice, shows that Parish Development Model can transform into a Parish Development Bank. The research shows that Women Economic Empowerment practitioners believe that, with the right support, PDM initiative can […]<\/p>\n","protected":false},"author":84,"featured_media":53435,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3],"tags":[233,240,234],"class_list":["post-53437","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","tag-africa-press","tag-africa-press-uganda","tag-uganda"],"yoast_head":"\nParish development bank can be set up within four years \u2013 study - Uganda<\/title>\n<meta name=\"description\" content=\"A new research by Carry American Relief Everywhere International (CARE), a Non-Governmental Organization that tackles th ...\" \/>\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\/parish-development-bank-can-be-set-up-within-four-years-study\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Parish development bank can be set up within four years \u2013 study\" \/>\n<meta property=\"og:description\" content=\"A new research by Carry American Relief Everywhere International (CARE), a Non-Governmental Organization that tackles th ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/uganda\/all-news\/parish-development-bank-can-be-set-up-within-four-years-study\" \/>\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=\"2023-07-29T11:37:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-29T12:53:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2023\/07\/sm_1690618865.668831.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\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=\"2 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\/parish-development-bank-can-be-set-up-within-four-years-study#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/parish-development-bank-can-be-set-up-within-four-years-study\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Parish development bank can be set up within four years \u2013 study\",\"datePublished\":\"2023-07-29T11:37:41+00:00\",\"dateModified\":\"2023-07-29T12:53:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/parish-development-bank-can-be-set-up-within-four-years-study\"},\"wordCount\":309,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/parish-development-bank-can-be-set-up-within-four-years-study#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2023\/07\/sm_1690618865.668831.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Uganda\",\"uganda\"],\"articleSection\":[\"all news\",\"community\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/uganda\/all-news\/parish-development-bank-can-be-set-up-within-four-years-study#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/parish-development-bank-can-be-set-up-within-four-years-study\",\"url\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/parish-development-bank-can-be-set-up-within-four-years-study\",\"name\":\"Parish development bank can be set up within four years \u2013 study - 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