The Minister of Social and Family Development Dr. Aishath Shiham announced the current government’s plan of introducing a new loan program for female entrepreneurs.
The loan program was announced by the minister at the launching event of the new Hiyala Weekend Market, at the Container Park Area in Hulhumale’.
At the event, the minister said the loan program would be announced soon, though specifics were not mentioned. However, the minister announced it would be an MVR 100 million loan program.
The loan scheme is introduced to empower female entrepreneurs and local businesses run by women.