Staff of Stanbic Bank Ugandas Operations Division have visited the government-aided, Bbira Primary School in Wakiso District and made a Shs10 million donation towards construction of a tank to improve water sanitation.
Part of the money will also be used for necessities such as clothes and shoes to improve the welfare of the children.
Patricia Nshemereirwe Musiime, Stanbic Banks Head of Operations, said education is a key pillar in the banks Corporate Social Initiative programme.
She said that a good education can only be achieved through a better and friendly learning environment, sanitation being one of the core elements.
“As a bank, we believe a fully supported education ecosystem in our communities is enabled not only through the class room but also elements such as safe water and health sanitation which contribute to empowerment and prosperity.
“We believe supporting education in its entirety enables achievement of a universal primary education and in the long run leads to development of the community,” she added.
Established in 1930, Bbira Primary School is a government-funded school with a population of 1,054 students including both a teaching and non-teaching staff of 20.
In 2012, the Water and Sanitation Programme reported that the impact resulting from poor sanitation and hygiene cost the economy of UGX 380 billion (US$ 177 million) per year, or the equivalent of 1.1% of annual Gross Domestic Product (GDP)a.
Commenting on the contribution, the schools head master, George William Mubiru Salongo said as a government-funded school that receives approximately Shs10 million annually, additional financial support is always welcome.
“We appreciate Stanbic Bank for taking the initiative to support education in all possible aspects, more importantly as we seek to ensure a wholesome education for children. We are confident that this contribution will make an extremely huge impact on the schools sanitation by providing easy access to clean water which has been one of our challenges for some time now,” he said.
Winding up her remarks, Musiime thanked Bbira primary school for embracing the banks offer.
She said, “Stanbic Bank will continue in its bid to support education as an integral part of the banks strategy in fostering development in the country. We believe in a wholesome education to achieve this”.