The establishment of a Women’s Development Bank (WDB) is to help women in their quest to improve their businesses and trade is a well thought out policy which the National Democratic Congress (NDC) intend to pursue when it comes into office in January 2025, Prof. Jane Naana Opoku- Agyemang, the NDC’s Running mate in the 2024 Presidential elections has disclosed.
She said women entrepreneurs and traders have always faced the challenges of raising capital to enhance and boost their businesses and the Women’s Development Bank has been planned to assist them to overcome such bottlenecks.
Prof. Naana Opoku-Agyemang made the assertion at the Madina market in Accra to interact with the Market women and in particular, those women whose stalls and stores were burnt during the recent fire outbreak at the market. She presented GHS50,000 to the victims on behalf the Member of Parliament for Madina, Francis Xosia Sosu.
She maintained that the terms and conditions of traditional Banks including the issue of collateral and equity have remained a stumbling block to women entrepreneurs over the years for which the Women’s Development Bank would take a critical look at in order to enable more women to access the facility.
She said the NDC has the welfare and wellbeing of all Ghanaians at heart, especially the poor and downtrodden, including women and children with an open door policy to welcome all and sundry into its fold and urged called on all Ghanaians to come on board the NDC band wagon to help rescue the nation.
The NDC running mate also used the visit to the Madina market to inaugurate the NDC Young Ladies Association described as an affiliate of the Women’s Wing of the Party.
The Member of Parliament for Madina Francis Xossia Sosu appealed to the electorate to be discerning when they go to the polls on December 2, 2024 in order to help alleviate the plight of the country and its citizens from the current hardship and difficulties.
She assured the Market women who lost their wares and shops during the recent fire outbreak at the Madina Market yet to receive relieve that efforts were in progress to attend to them all in due course.
