A webinar was held to help women entrepreneurs improve their banking, financial, and risk financing abilities.
Over the course of five days from November 29 to December 1, Thulo.Com and Enterprise for Management, Economic Reform and Gender Equality (EMERGE) hosted a series of webinars focusing on “banking, financial, and risk financing abilities.”
Organizers stated that the webinars provided a platform for banks and insurance companies to educate women-owned and led small and medium-sized enterprises (SMEs), as well as women who work from home, on digital finance, banking, and insurance, as well as government regulations and their respective services, according to a press release. Participants in the webinar included representatives from Rastriya Banijya Bank, Standard Chartered Bank, Nepal Investment Bank, United Insurance, and National Life and General Insurance (NLG).
In a statement, Dr. Mona Shrestha Adhikari, CEO of EMERGE, stated, “The goal of organizing sessions on Banking, financial, and risk financing is to connect women producers/entrepreneurs with several banks and insurance companies so that they can take advantage of the government-subsidized loans and insurance schemes provided to Micro Small and Medium-Sized Businesses.”
According to the statement, the findings of the pre-assessment survey completed by the project before the training identified a gap between the need to approach banks and insurance companies and the participants’ reluctance to approach BFIs due to a lack of understanding about how to do so. They expressed their desire to share information with broader communities and expressed delight at the opportunity to participate in such platforms. The organizers believe that these events contribute to the development of resilient businesses, particularly those owned and operated by women producers and entrepreneurs.