Women’s bank a great initiative

Editor,This letter is in reference to the article written by Dias Nyesiga in yesterday’s issue of The New Times, titled “Women’s bank in the offing.” Faustin Mbundu, Chairman, Private Sector Federation (PSF) and Immy Kamarade, President, Women’s Chamber of the PSF, need to be applauded for this great initiative. Bank credit is always a crucial factor in the setting up and expansion of any business.