{"id":73902,"date":"2019-02-01T11:02:35","date_gmt":"2019-02-01T09:02:35","guid":{"rendered":"http:\/\/www.times.mw\/?p=73902"},"modified":"2019-02-01T11:02:35","modified_gmt":"2019-02-01T09:02:35","slug":"un-pushes-for-financing-of-womens-businesses","status":"publish","type":"post","link":"https:\/\/archive.times.mw\/index.php\/2019\/02\/01\/un-pushes-for-financing-of-womens-businesses\/","title":{"rendered":"UN pushes for financing of women\u2019s businesses"},"content":{"rendered":"<p><strong><em>By Chimwemwe Mangazi:<\/em><\/strong><\/p>\n<p>The United Nation (UN) has urged local commercial banks and microfinance institutions to consider developing tailor-made financing solutions targeting rural women &#8211; entrepreneurs.<\/p>\n<p>The call was made at an interface between the women-entrepreneurs and financial services providers in Lilongwe on Wednesday.<\/p>\n<p>It comes as reports suggest that most rural women-entrepreneurs face numerous challenges when accessing capital from commercial banks.<\/p>\n<p>The situation has forced most to opt for informal credit and loans through village banks.<\/p>\n<p>UN Women Country Representative, Clara Anyangwe, said her office is advocating initiatives that would empower the women-entrepreneurs.<\/p>\n<blockquote><p><em>\u201cUN Women has developed an integrated cloud-based mobile platform called \u2018Buy from women\u2019 that will be used to link women farmers to information, markets and finance while providing them with a 360 view of their business. This will be done before April this year,\u201d<\/em> Anyangwe said.<\/p><\/blockquote>\n<p>Gender, Children, Disability and Social Welfare Minister, Cecilia Chazama called on commercial banks to consider penetrating the rural market.<\/p>\n<blockquote><p><em>\u201cI have urged the Reserve Bank to be on their toes in regulating the conditions,\u201d<\/em> Chazama said.<\/p><\/blockquote>\n<p>Malawi Microfinance Institutions Network Chief Executive Officer, Duncan Phulusa, said microfinance institutions are regulated effectively by the central bank.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Chimwemwe Mangazi: The United Nation (UN) has urged local commercial banks and microfinance institutions to consider developing tailor-made financing solutions targeting rural women &#8211; entrepreneurs. The call was made at an interface between the women-entrepreneurs and financial services providers in Lilongwe on Wednesday. It comes as reports suggest that most rural women-entrepreneurs face numerous [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":73906,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-73902","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/73902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/comments?post=73902"}],"version-history":[{"count":1,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/73902\/revisions"}],"predecessor-version":[{"id":73907,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/73902\/revisions\/73907"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media\/73906"}],"wp:attachment":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media?parent=73902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/categories?post=73902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/tags?post=73902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}