Webinar held to enhance banking, financial and risk financing skills of women entrepreneurs

Published On: December 4, 2021 03:25 PM NPT By: Republica  | @RepublicaNepal

KATHMANDU, DEC 4: Thulo.Com and Enterprise for Management, Economic Reform and Gender Equality (EMERGE) organized webinars on ‘banking, financial, and risk financing skills’ from November 29 to December 1.

According to a statement issued by the organizer, the webinars provided a platform where banks and insurance companies could impart knowledge on digital finance, banking, and insurance along with government norms and their respective services to the women-owned/led MSMEs, as well as women home-based producers. Rastriya Banijya Bank, Standard Chartered Bank, Nepal Investment Bank, United Insurance, and National Life and General Insurance (NLG) participated in the webinar.

“The objective of organizing sessions on Banking, financial, and risk financing is to connect women producers/entrepreneurs with several banks and insurance companies so that they can avail of the government-subsidized loans and insurance schemes provided to Micro Small and Medium Enterprises,” the statement quotes Dr. Mona Shrestha Adhikari, CEO at EMERGE as saying.

Similarly, the findings of the pre-assessment survey conducted by the project before the training identified a gap between the need to approach banks and insurance companies and the hesitation in the participants to approach BFIs due to inadequate knowledge, according to the statement. The banks and insurance companies expressed their interest to share information with wider communities and are happy to get an opportunity to participate in such platforms and the organizers believe that such events contribute to building resilient businesses particularly those of women producers/entrepreneurs.


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