• Thu. Mar 28th, 2024

Mukene Women Traders Constructing UGX4.6 Billion Commercial Building

UGANDA, Arua | Real Muloodi News | A group of over 200 mainly women, who deal in mukene (silverfish) in Arua City, Uganda, have started constructing a two-storeyed commercial building.

The 139-roomed house, located in the centre of the city on Plot 4 Go-down Close, is expected to cost USh4.6 billion.

The group, registered as a limited company under the name of Arua Women Business Enterprise (U) Ltd, had formed in 1995 with 23 founding members.

Currently, the construction work has kicked off with USh200m the group raised from the hire of a makeshift structure.

However, they need further funding to complete the project, and the women are looking to the Government and other partners for support after their repeated attempts to secure housing loans from commercial banks have failed to yield any positive results.

The determined women plan to improve the standard of their plot with modern buildings as they are surrounded by the well-built KKT Plaza and the newly constructed main market.

The chairperson of the group, Zenna Ocokoru, said all their efforts to secure a loan from the commercial banks have failed since they have not put anything on the ground, but she is optimistic that after the start of the work, they will be able to secure a loan from the banks to continue with the project.

Felister Osobiru, a founding member of the company, is optimistic that the group will benefit a lot from the project once completed.

“People have been laughing at us in this business because mukene business looks dirty and unhealthy as we move with a lot of smell. However, we are happy that at least each and every one in this business has managed to achieve something and we have paid school fees for our children using this business and also purchased plots of land,” Osobiru said.

Albert Dramadri Newton, a retired civil servant who inherited the business from his late wife in 2003 and is now the advisor to the company, revealed that they have charged each founding member USh11m to be contributed towards the construction of the commercial building, which amount is spread across five years.

David Avutia, an engineer assigned to oversee the project, commended the mukene dealers for the initiative and committed to ensuring that quality work is delivered.

“The shillings 200 million they have can start the work as they keep mobilising for more funds,” Avutia said.

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