Country’s women entrepreneurs are struggling to protect their existence mainly due to business disruption concentrating the COVID-19 pandemic. Top business leaders urged the financial institutions to facilitate the women entrepreneurs by providing the stimulus loan immediately. Women entrepreneurs are facing acute financial crisis to resume their business operation, they said. Banks are deliberately delaying to disburse SME loan, forcing them to shut down their existing business. According to Small and Medium Enterprise (SME) Foundation data, SME’s contribution to GDP (Gross Domestic Products) is 25 per cent as 70 to 90 per cent of SMEs are run by women employing more than 10 million people. Women entrepreneurs, facing a major blow in their businesses in the wake of coronavirus pandemic in the country due to lack of adequate backup strength, have already missed major business seasons of the year. Many micro and small business houses run by women are going to face closure due to ferocity of coronavirus.
Country’s women entrepreneurs are struggling to protect their existence mainly due to business disruption concentrating the COVID-19 pandemic. Top business leaders urged the financial institutions to facilitate the women entrepreneurs by providing the stimulus loan immediately. Women entrepreneurs are facing acute financial crisis to resume their business operation, they said. Banks are deliberately delaying to disburse SME loan, forcing them to shut down their existing business. According to Small and Medium Enterprise (SME) Foundation data, SME’s contribution to GDP (Gross Domestic Products) is 25 per cent as 70 to 90 per cent of SMEs are run by women employing more than 10 million people. Women entrepreneurs, facing a major blow in their businesses in the wake of coronavirus pandemic in the country due to lack of adequate backup strength, have already missed major business seasons of the year. Many micro and small business houses run by women are going to face closure due to ferocity of coronavirus.
