Equity Bank Uganda and Unilever Uganda have unveiled a strategic financing partnership aimed at improving liquidity and operational efficiency within Unilever’s distribution network. Launched during a breakfast engagement themed “Unlocking Financing Opportunities for Distributors,” the initiative introduces the Eazzystock Financing Product, a working capital loan solution tailored for distributors, retailers, and stockists.
This new facility provides easier access to affordable working capital, enabling Unilever’s distribution partners to maintain adequate inventory, improve cash flow, and enhance the efficiency of the supply chain across Uganda.
“At the heart of Equity’s mission in Uganda is driving social and economic transformation,” said Christine Mukasa Mugerwa, Acting Head of Corporate Banking at Equity Bank Uganda. “That bar of soap matters. So how do we ensure it reaches the people who need it, while also transforming the shop attendant’s life in the process?”
The Eazzystock Financing Product offers flexible loans ranging from UGX 1 million to UGX 3 billion. Applicants benefit from a one-time sign-up process and an account auto-sweep feature. Loan terms are reviewed quarterly. Notably, loans up to UGX 1 billion are unsecured, while those above that threshold require security or collateral.
“You need funds that move as fast as your business,” added Mukasa Mugerwa. “Equity’s working capital solutions are designed for real-world businesses like those in the Unilever ecosystem—quick, convenient, and easy to access.”
Barbara Aseera, Head of Manufacturing and Logistics at Equity Bank Uganda, emphasized the impact of the partnership: “This collaboration ensures affordable access to working capital, enabling Unilever’s partners to keep shelves stocked and businesses running. The stock financing model was born from the need to sustain businesses after COVID-19 wiped out capital for many long-standing distributors.”
Gerald Tentena, General Manager of Equity Bank’s Supreme Branch, underlined the customized nature of the financing solutions: “Together with partners like Unilever, we’ve created financial products that meet the specific needs of distributor networks. This is not a one-size-fits-all approach—it’s deliberate and adaptive.”
Speaking virtually from Nairobi, Luck Ochieng, Managing Director of Unilever Kenya & Uganda, praised the partnership: “Our success in Uganda is built on the strength of collaborations like this. With Equity Bank, we’re not just moving products—we’re unlocking shared growth opportunities.”
