NDC To Establish National Women's Dev't Bank - Sammy Gyamfi Hints

National Communications Officer for the National Democratic congress (NDC), Sammy Gyamfi has disclosed that should Ghanaians vest power in the party in December this year, the Mahama-led administration intends establishing a National Women’s Development Bank.According to lawyer Sammy Gyamfi, the NDC believes if women are empowered financially, they will be able to help grow the economy of the country.

We have noticed that women love to engage in businesses, but they don’t have the requisite capital to start such businesses.

We are also aware of the loans women have to go for and the draconian interest that come with the loan.’’"We are also aware that, women spend all their profits in servicing their loans to the extent that, at the end of the day, they end up getting nothing," he added. Sammy Gyamfi was speaking in an exclusive interview on United Television’s ‘’Mpu ne Mpu" show on Friday May 3.

The NDC National Communications Officer further intimated that it is in light of the plethora of challenges that women face, which has necessitated the idea of having a national Women’s Development Bank; a vision of the John Mahama and his running mate, Professor Jane Naana Opoku Agyemang.

They have closed down all indigenous banks, savings and loans, and micro finances, leading to the distress women have found themselves in now," but added that the National Women's Dev't Bank "is a game-changer for women.

The 24-hour is for everybody but the National Women’s Development Bank is for all women because John Mahama is concerned about women welfare and intends to give them the best financial support system.

‘’In terms of proximity, he added that the Women’s Development Bank will have its headquarters situated in Accra, but will be decentralized at the regional and district levels.

 

 

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