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FINCA Uganda announces UGX 100m relief to Downtown Kampala traders affected by last year’s floods

FINCA Uganda yesterday morning at Fairway Hotel, officially announced a UGX 100 million relief initiative to support traders in downtown Kampala whose businesses were severely impacted by the heavy rains and flash floods in late October and November 2025.

The Bank’s Regional Manager, Muhamad Isiko, emphasized FINCA Uganda’s commitment to supporting clients beyond financial services, noting that when their clients face setbacks, we see it as a shared responsibility to help them recover and rebuild stronger.

Eva Balikowa, Chief Commercial Officer, reinforced this approach, highlighting that FINCA Uganda empowers entrepreneurs and communities to grow even in adversity, guided by empathy, responsibility, and a long-term view of clients’ resilience.

Ismail Balikowa from Padre Pio, who oversaw on-ground assessments in downtown Kampala to verify affected borrowers and facilitate support, expressed deep sympathy for all traders impacted by the floods.

The Acting Chairperson of KACITA, Hajji Isa Ssekitto, praised the timely intervention, noting that the relief will help restore business confidence among downtown traders.

Businesswoman Charlotte Owomugisha, whose shop in the French Plaza basement was affected, expressed heartfelt gratitude for the relief, saying it has renewed her hope of recovering her business.

The event concluded with the symbolic handover of a dummy cheque worth UGX 100 million. Robert Kakande, Executive Director of FINCA Uganda, reaffirmed the bank’s long-term commitment to supporting Uganda’s trading community. FINCA Uganda #BuildingTomorrowTogether

Willy Byarabaha

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