Ecobank Uganda Launches Product to Empower Women Entrepreneurs

Ecobank Uganda, has launched the Ellevate by Ecobank, a banking initiative designed to support, empower, and inspire the growth of women-led and women-owned businesses.

The launch, themed “More than Money,” is a bold commitment to financial inclusion, economic empowerment, and the holistic well-being of the modern African women.

Grace Muliisa, Managing Director, Ecobank Uganda, said they believe women deserve more than financial products.

“They deserve opportunity, access, and peace of mind. “Ellevate” is a platform that delivers this and more. It’s about supporting women with what they truly need to thrive,” she said.

With this launch, Ecobank aims to onboard new women-led businesses, activate existing female customers, and elevate internal awareness of gender-focused services.

“Women want more than money; they want mentorship, wellness, learning opportunities, and community. “Ellevate” is our answer to that call,” said Elizabeth Mwerinde Kasedde, Head of Commercial Banking, Ecobank Uganda. 

 She added,   “It’s our way of investing in the future of Uganda’s economy, empowering one woman at a time.”

“Ellevate” goes beyond being a banking product that creates a lively ecosystem that integrates financial solutions, capacity building, visibility, and emotional support. It recognizes the multifaceted and important roles women hold as leaders, professionals, entrepreneurs, and caregivers.

Key Highlights of Ellevate

Unsecured financing of up to $50,000 for qualifying businesses, women-friendly accounts digital payments, and investment products.

Network support solutions: Access to business masterclasses, leadership training, mentorship, and digital visibility support and invitations to exclusive networking and business forums.

Market Access: Promotion on Ecobank platforms, i.e. access to MyTradeHub, instant funds remittances to 33 African markets.

Preferential Support: Access to premier banking lounges, and wealth management advisory for women entrepreneurs.