Women entrepreneurs with disability get GH₵5m Presidential Fund

In a bid to reduce poverty and ensure that the poor and vulnerable are not excluded from the development agenda, government has set aside some GH₵5m for women entrepreneurs living with disability in the country.

The intervention, which is 50 percent grant and 50 percent loan without interest, is under the Presidential Empowerment for Women Entrepreneurs with Disability programme and aimed at supporting beneficiaries to expand their businesses, and also to create jobs.

Delivering the State of the Nation Address in Parliament, President Akufo-Addo indicated that so far 850 women across the country have benefitted from the fund.

“For the first time in the country’s history, a dedicated fund of GH¢5million to support women entrepreneurs with disability has been established. The fund, known as Presidential Empowerment for Women Entrepreneurs with Disability Fund, is to provide financial support for 1,000 women entrepreneurs with disability in two years – either to establish or scale-up their businesses.

“The Presidential Empowerment for Women Entrepreneurs with Disability project not only helps deliver a manifesto commitment but is also in fulfilment of the SDG goals five, eight and ten, which aim to ensure economic inclusion of women and harness their talents and capabilities for national development,” he said.

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The president further emphasised his government’s resolve to improve and expand social protection interventions to cover those who need them.

“We never lose sight of the fact that there are always some people who might not be able to run life’s race at the same frenetic pace as the majority of people. It is the responsibility of government to always to provide a safety net that ensures the poor and vulnerable are not excluded from the development agenda,” he said.

In addition to extending financial help to the disabled in the country, the president further urged parliament to pass the Disability Act, Act 715, by the end of the year so as to comply with the United Nations Convention on the Rights of Persons with Disabilities.

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