Tag Archives: Women’s Development Bank

News, Politics

Women’s Bank to benefit all, not only NDC members – Hanna Bisiw

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The National Women Organiser for the opposition NDC, Dr Hanna Louisa Bisiw has assured Ghanaians that the party is committed to supporting businesses to thrive when they win power in the December polls.

The former Minister who was speaking on Dwaboase programme on TV XYZ said the NDC’s promise to establish a Women’s Development Bank to give soft loans to women owning small and medium enterprises (SMEs) in the country is one of the ways the next John Mahama administration will use to improve the lives of the vulnerable in the country when they assume power.

According to Dr Bisiw, the bank will not serve the needs of only NDC members but every woman who qualifies to get support from the financial institution.

“The bank is not going to serve NDC women. Every Ghanaian woman who is into business and needs support will be able to access the loan once they qualify, ” she assured.

The bank, she said, will play a critical role in reviving the ailing economy to give respite to Ghanaians.

The women leader went on to outline some policies in the NDC Youth manifesto that was launched last week and urged Ghanaian women, especially the youth to trust the NDC flag bearer, former president John Mahama and vote him to power in the upcoming polls.

“John Mahama, our flag bearer is committed and can be trusted to turn the fortunes of the country around, create sustainable jobs women and the youth, unlike the NPP government that has failed the entire country,” she stated.

Dr Bisiw further indicated that Ghanaians should not trust Dr Mahamudu Bawumia, the new leader of the NPP to fulfill the promises he made to Ghanaians on Sunday during their manifesto launch.

She argued that if he could do all he promised, Ghana would not be in debt and the economy messier, pushing so many people, including women into hardship.

To her, it is John Mahama who is trustworthy and can turn the country around.

 

By Henryson Okrah| Myxyzonline.com

News, Politics

Women’s Development Bank will empower female entrepreneurs; targets 1 million beneficiaries – Jane Opoku-Agyemang

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Professor Jane Naana Opoku-Agyemang, the Running Mate to National Democratic Congress (NDC) flagbearer, says the pledge to establish a special women’s bank is borne out of research and feedback from female entrepreneurs particularly traders.

To be known as the Women Development Bank, the NDC policy initiative she said is designed to offer soft loans to ordinary women who find it difficult to raised capital to nurture and grow women-owned, women-led businesses.

Prof. Jane Naana Opoku Agyemang who was addressing the NDC campaign launch in Tamale on Saturday, said the well thought through initiative follows complaints about strict requirements like high collaterals demanded by banks and other financial institutions, which many of the potential female millionaires do not have.

“Women are willing to support their husbands. If we empower them, it will make life easy for their families and we expect our men, to join this good course by voting NDC into power”

She highlighted the potential benefits of empowering women in entrepreneurship, noting that when women prosper, they invest in their children and wider families. “There is better stability and peace at home; most will demand less ‘chop money’,”

Professor Jane Naana Opoku-Agyemang, added that the Women Development Bank which is intended to empower one million women across the country, will give out interest free loans.

“What do they bring? All we are saying is that, it is a small amount and you came for GHC4,000 or GHC5,000, you bring us back just the 4,000 or 5,000. Don’t bring any interest because a lot of the women are forced to go for loans and you go for GHC2,000 they tell you bring GHC2,000 more.”