Marked as the International Women’s Day, 8th of March, is seen and considered not just a day dedicated to women, but above all, as one more reason to help strengthen the position of women in the society through economic empowerment, aiming to increase the role of women in the community.
In this spirit, FINCA Kosovo has, on this special day, officially launched its new product “Loan for Women Entrepreneur in Business and Agribusiness”. The product is especially designed for financial support to women entrepreneurs for enabling the sustainability and profitability of their businesses. Another feature of this loan is intended to positively affect changes in the position of women, particularly impacting their lives and their families.
FINCA, as an American financial institution, has committed to be an example in empowering women entrepreneurs through provision of better access to finance, and through technical and educational programs that serve to improve the knowledge needed for development of their businesses and their agribusinesses.
This loan provides favorable conditions for its borrowers with 0 percent disbursement fee, and grace period up to 12 months. This product contributes to FINCA’s mission, which is to alleviate poverty through sustainable solutions, helping people build assets, create jobs, and increase their living standards.
FINCA, together with local women’s associations and non-governmental organizations, aims also to build a platform for women entrepreneurs in support of their activities, for promotion of their products and training in various fields. All this is done with the clear intention to promote the economic empowerment of women, considered as particularly necessary in Kosovo.
Exclusion of women from financial markets not only reinforces gender inequality but also perpetuates poverty. Once women are empowered to work and create their own businesses, through access to finance and education, the capacities of half of the world’s population are activated and economies grow.
FINCA Kosovo, celebrates this day with the best wishes for all women around the world.