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International News

Uganda: Financial Firms Turn Focus on People Living With HIV/AIDS

August 2, 2013

The Association of Microfinance Institutions of Uganda (AMFIU) and the National Forum of People Living with HIV/AIDS Networks (NFPLHN) in Uganda have partnered to encourage all Mityana financial institutions to guarantee business loans to HIV-infected Ugandans. In the past, some Mityana microfinancial institutions and banks categorized HIV-infected individuals as a financial risk and refused to approve their business loan requests. AMFIU and NFPLHN aimed to reduce this stigma faced by HIV-infected loan applicants by increasing HIV/AIDS awareness, developing HIV/AIDS workplace policy, and demonstrating that HIV-infected owners can operate productive businesses. Desired outcomes of the project would be an expanded client base and increased revenue for financial institutions, and economic stabilization and increased access to antiretroviral therapy (ART) for HIV-infected business owners.

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