KATHMANDU, July 6: Lack of dissemination of proper information along with a number of hindrances including poor market access, poor financial literacy and procedural defects have been preventing a majority of the COVID-19 affected women entrepreneurs from receiving the targeted recovery packages introduced by the government.
Should policy making be more nuanced to accommodate the need of evolving demographic trend in Nepal? If phrased like this, the answer is likely to be an almost unanimous ‘yes.’ And yet, policy making tends to be rigid and changing a policy takes ages. Take for example, policies regarding women entrepreneurs. In a survey of managers and owners of 622 Nepali firms conducted by the International Labor Organization (ILO) two years ago, women entrepreneurs identified access to finance and difficulty of getting customers as two top barriers to growth.
Ever noticed how the term ‘male entrepreneur’ is rarely, if ever, used anywhere. But ‘women entrepreneurs’ is something you hear of quite often. This is perhaps because even in today’s day and age there aren’t enough women business leaders in the world. And that’s true in the context of Nepal as well.
BANKE, Dec 21: Women entrepreneurs have urged the government to build a supportive environment for the women to participate in entrepreneurship, on the occasion of 15th Annual Women Entrepreneurs General Assembly held in Nepalgunj on Friday.
KATHMANDU, Sept 28: Nepal Rastra Bank (NRB) has unveiled unified working procedure related to interest subsidy for concessional loans, paving the way for unemployed educated youths, returnee migrant workers, women entrepreneurs, Dalits and earthquake victims, among other targeted groups, to borrow money from bank and financial institutions at cheaper interest rates.