Promoting women entrepreneurship to speed up progress

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RANGPUR, July 9, 2018 (BSS) – Promoting women entrepreneurship can further
accelerate the pace of national advancement to ensure participation of women
in all sorts of economic activities, trade and business.

Talking to BSS, chamber leaders and women entrepreneurs viewed this and
narrated some problems being faced by women entrepreneurs in flourishing
their entrepreneurship and availing the government facilities toward the
direction.

President of Rangpur Women Chamber of Commerce and Industry Anwara
Ferdousi Poly put top emphasis on easing the entrepreneurship identification
process and loan allocation system for women entrepreneurs to enhance trade,
business and SME.

“The women entrepreneurs should get training for their skill development
to promote entrepreneurship side by side with running trade, business and
enterprises successfully amid women-friendly atmosphere,” Poly added.

Woman entrepreneur Nishat Nahar narrated her 14 year long struggles
beginning with only Taka 10,000 as basic capital to open an enterprise on way
to achieve success and become a ‘Joyeeta’ for promoting her own enterprise in
Rangpur division.

“The banks should search for real rural women entrepreneurs and resolve
the prevailing problems of guarantors and guarantee for allocating adequate
loans at single digit interest rate for their development to further speed up
economic advancement,” she said.

President Mostafa Sohrab Chowdhury Titu of Rangpur Chamber of Commerce and
Industry put importance on producing skilled women entrepreneurs and
providing them with adequate loans to enhance their participations in
economic activities.

“More steps should be taken for providing adequate training to the women
entrepreneurs on accounts keeping and other necessary issues for properly
running their business and enterprises,” Titu said.

Titu put special emphasis on a changed social mindset to assist the women
entrepreneurs in sustaining their initiatives saying that the chambers and
banks could work together in searching out real women entrepreneurs to
promote them.

Former Vice-president of FBCCI Mostafa Azad Chowdhury Babu, a noted
industrialist, suggested the private sector banks and non-banking financial
institutions for going to the rural areas to search for the real women
entrepreneurs and extend assistance.

“The epoch-making steps of reducing loan interest rate to single digit will
encourage the women entrepreneurs who just need more facilities and
cooperation to enhance their capacities in flourishing their business and
enterprises,” Babu said.

He called upon the bankers for taking initiatives to provide assistance to
the real women entrepreneurs to assist them in flourishing SMEs and ensuring
their enhanced participation in trade, commerce and business to speed up
national development.