News

02.21.2011

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La Rédaction

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Senegal launches a national loan fund for women

Source : Sénégal Actu

A national loan fund has been officially created in Senegal and will begin financing its first projects as of January 1st 2011.
According to the Minister for Women’s Entrepreneurship and Microfinance, these funds are to be used “to set up loans and a system of financing adapted to businesses and organisations run by women to help women develop income generating businesses and strengthen their managerial and technical skills.”
To fulfil this objective, a project research and evaluation bureau will also be set up by the Ministry, offering services free of charge to women with business projects.

This article is part of the special report: