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CYK - Banking Women Businesses

Wednesday 31st July 2024

Finding XY calls on all small and medium women-owned businesses to apply to the CYK Program. Get support in accessing loans, business development, partnerships and mentoring opportunities.

CYK is a digital startup designed to support micro and small female-owned businesses access loans ranging from Ugx 1.8M to Ugx 18M in Uganda. CYK aims at accelerating the efforts to improve access to finance, business development and creating an innovative and effective economic atmosphere for Women-led Small & Medium Enterprises (WSMEs).The program builds a pipeline of investable small and micro female-owned businesses, facilitating their access to credit.

The rationale for CYK s that while formal Women-Led SMEs represent 31 to 38 percent of all SMEs in emerging markets, the average growth rate of women’s enterprises is significantly lower than the average growth rate of SMEs run by men. Several factors including difficulties in access to finance and capacity building have contributed to the slow growth of women-owned businesses. The objective of CYK is to develop the capacity of female entrepreneurs by removing barriers that hinder them from accessing affordable support services and tailored technical assistance.

Eligibility Criteria

  • Entrepreneur has a profitable business idea or business, or potential for profitability.
  • Committed to working full-time in the business.
  • Fully or majority owned by a female.
  • Engaged in any sector or trade that causes no harm to people and the planet.
  • Has a physical location/outlet with an online presence
  • Seeking to grow the business through a microcredit line.
  • Open to improving knowledge on running and growing a successful business.

Benefits

  • Business development support from expert Business Advisors focused on developing growth and financial plans to successfully scale their business
  • Bankable business plans and financial models
  • Access to concessional business loans
  • Strategic Partnerships and Networking Opportunities
  • Awareness Training on Gender-related Issues.
  • Mentorship from experienced players in the business space.


IMUKA ACCESS is committed to supporting you by providing Business Development Support through our Industry Experts and access to finance through Investors.


Our Services
1. Business Idea Refinement

2. Business Plan development with Financial Projections

3. Financial Modelling and Planning

4. Investor Pitch deck and development

5. Pitching and Story-Telling Training

6. Accounting and Financial Management

7. Sell Products and Services online

8. Business Management Support


Visit www.imuka.co and sign up to request any of the above services to scale your business, engage with Industry experts, gain exclusive access to Masterclasses, Trainings and Events! 

Call: +256 788 320 403
Email: info@imuka.co


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