Government disburses money to women living with disability to invest into their businesses

Government disburses money to women living with disability to invest into their businesses

- President Akufo-Addo has commenced the disbursement of a GH¢4 million fund to support 1,000 women disabilities

- Beneficiaries would not be required to pay any interest on the amount

- They are excepted to pay back only 50 per cent of the amount they receive

President Akufo-Addo has commenced the disbursement of a GH¢4 million fund to support 1,000 beneficiaries of the Presidential Empowerment for Women Entrepreneurs with Disability at the Jubilee House in Accra.

Beneficiaries would not be required to pay any interest on the amount, except to pay back only 50 per cent of the amount they receive under the programme.

Presenting the cheques for the money to the beneficiaries, Akufo-Addo said the disbursement of the fund was part of his government’s support for disabled women entrepreneurs to help them scale up their businesses and employ more people.

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He said the Ministry of Business Development had set a target of mobilising GH¢4 million for the next two years to support 1,000 disabled women in businesses and had so far been able to raise GH¢2 million.

He said he would personally follow their work and possibly visit the beneficiaries in due course to monitor progress of work and urged them to work hard to expand their businesses.

The President said the government had made strenuous efforts to include women in the political and economic decision-making process and the Presidential Empowerment for Women Entrepreneurs with Disability was one of the initiatives to support more women in national development.

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President Akufo-Addo said six out of the 10 innovative business ideas that emerged as winners in the Presidential Pitch last year, some were created by young women entrepreneurs and he gave an assurance that more of such business initiatives would be implemented to support women.

Under the initiative, conditions of disabled women entrepreneurs are expected to improve, so that they can take advantage of the business-friendly environment and programmes such as One-district, One-factory (1D1F).

It is anticipated that each beneficiary will be able to employ at least two persons.

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