Finance Trust Bank has officially launched its Trust Water and Sanitation loan aimed at extending safe and clean water to the low income earners in the country with a target of improving livelihoods especially in rural areas and urban slum centres.

The loan was developed in partnership with Water.org a nonprofit organization that transforms communities in Africa, South Asia and Central America after carrying out market research in urban, peri-urban and rural areas where the Finance Trust Bank branches are located. The research showed a huge demand for water and sanitation facilities especially for crop irrigation, aquaculture, recreation, domestic and commercial use but more broadly to deal with the ever growing effects of climate change and social economic development.


According to the Uganda Bureau of Statistics Water and sanitation sector gender report, over 22% of households use rivers, stream, and lakes as a main water source while over 37% use boreholes. Over 56% households in Uganda travel over 3km to access a water source that may be safe or not.

Launching the facility at Kampala Serena Hotel, the Managing Director of Finance Trust Bank, Mrs. Annet Mulindwa Nakawunde said “As a customer centric Bank whose backbone is financial inclusion, we recognize that the role of microfinance initiatives is not limited to enhancing social economic development through increased access to
money, but it involves increasing access to other things like proper water and sanitation facilities that will keep the customers healthy and able to access our financial products.
She said the Water and Sanitation loan was developed last year. Currently, the Bank has disbursed over Shs. 800Million to over 270 customers and these have benefited over 1,000 people.


According to Mr. Anthony Githinji, the Regional representative of Water.org  “Social economic development is only possible if the community is healthy and access to clean water is a major component of good health. Charity for a long time was the way but it was not sustainable. Providing access to clean water and sanitation facilities through Water Credit has become a reality through Finance Trust Bank and we commend them for their effort.”

The Trust Water and Sanitation loans are available in all 36 branches and are given at affordable rates to individuals, institutions as well as customers who are trade in water and sanitation equipment. These facilities include piped water networks, rain water harvesting, construction of toilet facilities, and connection to national water grid, tapping gravity flow water or accessing underground water and construction of boreholes. One can borrow from as low as Shs. 300,000 for a maximum of 60 months payable on monthly, quarterly depending on the customers’ sources of income.

Individual customers, group members and institutions like schools and health centres are targets for this loan. Finance Trust Bank’s management believes that this partnership shall allow it to meaningfully increase the levels of financial awareness and water credit across its customer base and support significant and sustainable growth for all parties involved.


For more information please contact:
Christine Birungi – Manager Marketing, Communications & PR
Telephone:  +256 79-4-333102

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