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A thousand women with disabilities received Tuesday 2 billion GH ¢ of Ghana Cedis as part of the presidential campaign for the empowerment of women entrepreneurs with disabilities to support their businesses during a ceremony at Jubilee House, in Accra.
The agency executing the program – the Ministry of Enterprise Development – strategically repositioned women entrepreneurs with disabilities to improve their businesses and take advantage of the business-friendly environment as well than the One District, One Factory (1D1F) program. .
Beneficiaries are expected to repay 50% of the amount received and are also required to pay a zero interest on the sums actually received. Each beneficiary is required to employ at least two people.
The president, Nana Addo Dankwa Akufo-Addo, who presented the checks to the beneficiaries, said the fund was part of the government's efforts to help women entrepreneurs with disabilities improve their businesses and employ more people.
The President congratulated the women and badured him that he would personally visit and monitor the progress of their activities and urged them to work tirelessly to develop their activities.
He said that the Ministry of Enterprise Development has so far mobilized 2 million GH ¢ out of the targeted 4 million GH ¢ over the next two years in order to badist women with disabilities business.
President Akufo-Addo said the government has made frantic efforts over the past two years to include women in the political and economic decision-making process, hence the creation of the Presidential Power for Women Entrepreneurs disabilities.
The president said in a recent World Bank report that building the capacity of women entrepreneurs as agents of economic opportunities could help Africa meet its need for quality jobs, especially in the context of widespread unemployment of the growing youth population.
The report added that women and youth had ventured into the hospitality industry and were leading the retail and agricultural sectors. It was therefore imperative that the Government, through the Ministry of Enterprise Development, be committed to improving the quality of women entrepreneurs.
On August 7, 1,350 Ghanaians received seed money from 10,000 to 100,000 GH ¢, of whom 58 per cent were women under the Presidential Business Support Program (PBSP).
President Akufo-Addo said that six of the ten innovative business ideas that emerged from the presidential pitch contest last year, which were young women entrepreneurs, were rebadured by the fact that he was convinced that more Such commercial initiatives should be implemented to support women.
He said the government will continue to implement policies and programs to build a just, equitable and inclusive society that creates equal opportunities for all.
President Akufo-Addo said he was confident in Ghana's voluntary spirit and said he was optimistic about the future of Ghana's private sector.
Mr. Mohammed Ibrahim Awal, Minister of Enterprise Development, said the ministry had been inspired by the president's commitment to include everyone in the development agenda.
He added that, over the years, young women have been mobilized to get help to develop and expand their businesses without obtaining any, but that under the current regime they have found a partner ready to support them financially.
Click here to see the pictures of the event
Source: ISD (Rex Mainoo Yeboah)
photo: ISD (Patience Lartey)
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