The running mate of the National Democratic Congress (NDC), Prof. Jane Naana Opoku-Agyemang, has reiterated the party’s strong commitment to establishing a Women’s Development Bank if they are elected into power.
During the NDC’s manifesto launch on Saturday, August 24, in Winneba, Central Region, Prof. Opoku-Agyemang outlined the critical role this bank would play in empowering female entrepreneurs, particularly those who struggle to access loans from traditional financial institutions.
She emphasized that the NDC government would focus on creating job opportunities, reducing financial barriers, and boosting the growth of businesses owned by women.
“The Women’s Development Bank will be established to empower female entrepreneurs and small business owners by providing low-interest loans, financial education, and sustainable support,” Prof. Opoku-Agyemang announced.
She elaborated that this initiative is designed to address the specific financial challenges faced by women, such as high-interest rates and the difficulties in securing loans. The bank would offer low-interest loans tailored to the needs of women-led businesses, along with essential financial education to help them manage and grow their enterprises sustainably.
“This initiative will create job opportunities and bring down the financial barriers that many women face when starting and sustaining businesses,” she added, highlighting the broader economic impact of the proposal.
Prof. Opoku-Agyemang also pointed out that the bank would offer advisory services to women entrepreneurs, helping them navigate the complexities of running a business. This support aims to not only boost their businesses but also reduce the harassment and challenges they often encounter when seeking financial assistance.
In conclusion, Prof. Opoku-Agyemang expressed confidence that the Women’s Development Bank would be a game-changer for female entrepreneurs across the country, providing them with the tools and resources needed to succeed and contribute to the nation’s economic growth.
