FINCA Uganda has unveiled a relief package worth over UGX 100 million to rescue downtown Kampala traders whose businesses were devastated by flash floods that struck the city in late October and November 2025.
The sudden downpour left major trading hubs, including French Plaza and Pentagon City Plaza, submerged in water.
Basement shops suffered the worst damage, with traders losing stock ranging from children’s clothes and carpets to assorted merchandise. Several arcades were forced to close temporarily, plunging small business owners into financial distress.
Many of the affected traders are FINCA clients, making the bank’s intervention a timely lifeline. The funds are being disbursed to help traders restock, reopen their shops, and rebuild livelihoods after weeks of uncertainty.
One trader, whose shop specialized in children’s clothing, shared an emotional account:
“I shopped for kids’ clothes, but the floods submerged my business. I lost hope after the incident, but with this support from FINCA Bank, I am hopeful that my business will recover.”
The official cheque handover ceremony was held on 12 January 2026 at Fairway Hotel in Kampala, marking a significant step toward restoring business activity in the city centre.
The floods have once again sparked concern over Kampala’s drainage system. Experts have pointed to blocked channels and construction activities along the Nakivubo Channel as major factors worsening flooding in low-lying commercial zones. In response, Kampala Capital City Authority (KCCA) has stepped up drainage improvement works along key city roads to prevent future disasters.
FINCA Uganda says its support goes beyond funding, offering loans, business training, and advisory services to help small and medium enterprises manage risks and strengthen resilience.
Closing the event, FINCA Uganda Executive Director Robert Kakande reaffirmed the institution’s commitment to traders:
“We value the trust our clients place in us, especially during challenging moments. FINCA Uganda remains a reliable partner as traders rebuild, grow, and plan for the future. We welcome both existing and new entrepreneurs to explore our financial solutions designed to support business growth.”
