Iraq
SOFT LOANS FOR WOMEN'S ENTERPRISES IN IRAQ
Prime Minister Mohammed Shia Al-Sudani announced on Wednesday the launch of the Basmat (Fingerprint) Initiative, which provides soft loans for women to establish small and medium-sized projects, in cooperation with several national banks.Al-Sudani praised the efforts of all those who contributed to this national initiative, which aims to enhance women's participation in the economy and strengthen their essential role in national and social development. He affirmed the government's prioritisation of women's sectors through several measures, notably the establishment of the Higher Council for Women, which coordinates national efforts to support women.The Prime Minister emphasised that the government is committed to women's economic empowerment as part of its strategy to reduce unemployment and create job opportunities for women, while supporting activities that offer both material and moral assistance. He referred to the "Riyada" (Entrepreneurship) Initiative, which has already included more than 500,000 young men and women, with women representing 27% of applicants.Al-Sudani also commended the role of the private sector, particularly banks, in supporting initiatives such as Basmat. He added that the government will complement these loans with training, advisory, and support platforms for various women-led projects.The Basmat Initiative will finance a diverse range of women's projects across productive, service, and technical sectors -- including home-based food production, tailoring, small e-commerce, agriculture, women's service centres, childcare facilities, and design-related ventures. The loans will be offered under simplified conditions tailored to the needs of women's small and medium enterprises. (ICE AMMAN)
Fonte notizia: Stampa Locale
