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Company News of Thursday, February 14, 2019
Source: Myjoyonline.com
2019-02-14
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Women entrepreneurs of the Volta and East Industries Association of Ghana urged banks and financial institutions to give priority to women entrepreneurs seeking low-interest subsidized loans. interest in enabling them to create and develop their activities.
According to women, they are still at a disadvantage in lending and financing their businesses because it is difficult to cope with financial institutions at exorbitant rates and they need the help of the government to develop their activities.
Joycelyn Akorfa Ochlich, Executive Director of African Hill Resort in Ho, and Beatrice Worlali Akortia, General Manager of Belnad Health Spa & Beauty Klinik, said on behalf of women that the loan guarantee application is very difficult for women because most of them do not have any property to use as collateral. This is a situation that worries women entrepreneurs.
They also called for effective financial monitoring by financial institutions to help women, especially those new to business.
"We would like the government to make it a priority to give soft loans with interest as low as 2 or 3% and with flexible payments as well as training on how to use loans efficiently to enable businesses, particularly for new women, "they said. I said.
Lucy Tenkorang, vice president of the AGI's East-Volta branch, also urged the government to help women by creating a special fund for women entrepreneurs and cutting taxes on women. She said that it would help women to excel in their business, just like their male colleagues.
Lucy added that the Ghana Association of Industries (AGI) has adopted a way to help women entrepreneurs to exploit and exploit the areas where opportunities exist and to organize programs to empower them through development. skills.
"We believe that the homes of communities and the nation as a whole can be developed by women when they are empowered to badume industrial roles," she said.
Mama Atrato II, the traditional area of Queen Mother of Ho Dome, chaired the program and encouraged women to come together and help each other grow their business. According to Mama Attrato, it is good to see women helping and encouraging one another in development and peaceful coexistence.
"The union is strength and I encourage my female entrepreneurs to encourage and support each other."
Ms. Lena Alai, Regional Director of the Department of Gender Equality, said that she was doing well to ensure that women had a network with other women leaders. company from other African countries to enable them to learn more.
The Association of Industries of Ghana (AGI) is a business badociation of more than 1,200 members made up of small, medium and large scale manufacturing and service industries and services in the food processing sector. (Food and beverage), agri-food, pharmaceuticals, electronics and, telecommunications, information technology, utilities, service industries, transportation, construction, textiles, clothing and leather, banking and publicity.
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