The Fiji Development Bank (FDB) and New Zealand are collaborating on a month-long initiative aimed at empowering women entrepreneurs. FDB Chief Executive Saud Minam announced the partnership, emphasising the focus on promoting the ‘Loan for Women Entrepreneurs’ product through extensive outreach programs during this period.
Minam expressed enthusiasm for facilitating easier access to financial solutions for women entrepreneurs, with a specific emphasis on launching and operating businesses. The initiative includes educational efforts through Digital Financial Literacy programs to empower women with essential financial knowledge.
Highlighting the success of previous efforts, Minam mentioned that as of November last year, FDB had approved over 1,000 loans dedicated to supporting businesses owned by women.
New Zealand High Commissioner Charlotte Darlow underscored the positive impact of supporting female entrepreneurship in Fiji. She emphasised its significant contributions to livelihoods, economic development, and social empowerment at both the community and national levels. Darlow expressed delight in partnering with the Fiji Development Bank on this important initiative, emphasising its potential to foster positive change in the entrepreneurial landscape.