Fairness Reserve Celebrates Partnership with Church of Uganda: Land Name Passed Again in Milestone Tournament

In an important milestone, the Church of Uganda on Tuesday won its land name for the Janani Luwum Church Area again from Fairness Reserve Uganda upcoming effectively repaying a mortgage impaired to put together the 14-story business construction within the center of Kampala.

The rite, held on the sideline of the Provincial Meeting going down at Uganda Christian College, Mukono and witnessed through all 39 Bishops and over 200 delegates from Dioceses of the Church, was once no longer only a formal lend however a birthday celebration of a flourishing partnership between the Church and Fairness Reserve.

The advance started 14 years in the past when the Church of Uganda, in quest of to extend its income bottom and build up its capability to investmrent numerous social and spiritual actions, approached Fairness Reserve for a mortgage importance USD 17 million (UGX65 billion). The finances had been earmarked for the development of the 14-story business construction, which was once each motivated and strategically remarkable for the church’s long-term sustainability.

All over the lend rite, the Archbishop of the Church of Uganda, the Maximum Rev. Stephen Kaziimba Mugalu, expressed deep gratitude to the deposit for his or her positive help all through the mission’s period.

“We embarked on this journey with faith, knowing that this partnership would not only enable us to achieve our goals but also empower us to continue our mission of serving our communities. Today, we stand here with immense pride, having fulfilled our financial obligations, and we are grateful to Equity Bank for believing in our vision,” Archbishop Kaziimba mentioned.

He went on to focus on the luck of the industrial construction, noting that it’ll generate important income for the church, which will probably be reinvested into numerous family and church-led projects throughout Uganda.

Talking on the match, the Govt Director of Fairness Reserve Elizabeth Mwerinde Kasedde emphasized the deposit’s loyalty to supporting building initiatives that experience a favorable affect on population.

“Today is a testament to what can be achieved when there is trust and collaboration between institutions. The Church of Uganda has been a reliable partner, and we are honoured to have played a role in this significant achievement. The successful completion and repayment of this loan is a clear indication of the church’s dedication to its mission and its financial stewardship,” Ms Mwerinde remarked.

She additionally hinted at ongoing and week collaborations, revealing that the deposit is lately investment a number of alternative church-led initiatives geared toward bettering schooling, healthcare, and social services and products in underserved gardens.

“The Church of Uganda has always been at the forefront of societal development, and we are proud to continue supporting their initiatives. Our partnership goes beyond just financial transactions; it is about transforming lives and communities and building a future for all Ugandans,” she added.

The connection between the Church of Uganda and the Fairness Reserve is a style of a a success partnership between the Church and a monetary establishment, with each entities operating against familiar expansion and building targets. The lend of the land name marks the final touch of only one bankruptcy in a broader narrative of collaboration that continues to thrive.

The 14-story construction, now absolutely owned through the Church of Uganda, stands as a beacon of what will also be completed with optic, religion, and collaboration. This can be a image of the church’s enduring loyalty to self-sufficiency and family provider, made imaginable thru a powerful and trusting courting with Fairness Reserve, mentioned Mwerinde.

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