Financial firms turn focus on people living with HIV/AIDS
Monday, August 5, 2013
Previously, people used to equate HIV/AIDS to a death sentence.
Some microfinance institutions in Mityana regarded business people living with HIV as a risky group because of the belief that they were more vulnerable to death. Because of this, many of them lost their businesses as financial institutions shunned away from granting them loans.
However, the discrimination against people living with HIV/AIDS, especially through guaranteeing loans, will soon be history.
Microfinance institutions in Uganda through the Association of Microfinance Institutions of Uganda (AMFIU) have partnered with the National Forum of People Living with HIV/AIDS Networks in Uganda to address challenges of stigma that people living with HIV/AIDS face as they seek for loans to boost their businesses.
Given support, people living with HIV/AIDS can be more productive and boost microfinance institutions’ revenue generation through increased clientele base.
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