Madam Princilla Mercy Nketia Akroma an Aspiring District Chief Executive for the Bosomtwe district, has indicated that NDC’s National Women’s Development Bank initiative will become a game-changer for Ghanaian women entrepreneurs.
She assured the participants that the initiative aimed to address the financial challenges many women faced when trying to access funds to grow their businesses.
“The Women’s Development Bank will provide start-up capital for women-led businesses and advance low-interest loans to market women to help them expand their ventures,” she stated.
Access to capital
Madam Princilla Mercy Nketia Akroma mentioned that the initiative would also ease access to capital for already established women entrepreneurs, especially those in rural communities and the informal sector.
She also asserted that providing women with access to capital would enable them to expand their businesses, hire more employees, and ultimately contribute to reducing the country’s unemployment rate.
“The establishment of the Women’s Development Bank will not only support start-up businesses but will also provide existing women-led enterprises with the financial resources they need to scale up,” she added.
24-hour economy,
She also revealed that the Women’s Development Bank was a key factor in the NDC’s 24-hour economy vision aiming to encourage productivity across all sectors.
Story Filed By Gifty Dazy
