Empowering Diversity: 25% of MVR 100 Million Loans for Women Entrepreneurs Reserved for Those with Special Needs

In a significant move towards inclusivity, the Maldivian government has designated 25% of the MVR 100 million loan program for women entrepreneurs to those with special needs. Economic Minister Mohamed Saeed announced this during the recent "Ahaa" public forum of Ministers on January 25.
The initiative aims to empower women and encourage their active participation in the business sector. Social and Family Development Minister, Dr. Aishath Shiham, affirmed that the issuance of the MVR 100 million loan for women entrepreneurs will commence shortly, underscoring the government's commitment to fulfilling its pledges in support of women's empowerment.
Speaking at the inauguration of the "Hiyala Weekend Market," Minister Shiham assured that efforts are ongoing to introduce a loan program to provide financial aid to small businesses. The focus is on facilitating the growth of enterprises led by women.
Addressing concerns raised by individuals with special needs during the public forum, the ministers acknowledged challenges related to infrastructure accessibility. The commitment was made to finding solutions to enhance accessibility for people with special needs.
Minister Saeed emphasized that small and medium-sized enterprises' (SMEs) loans are integral to the government's "Week 14" roadmap. Collaboration with foreign institutes is underway to streamline the disbursement of loans for small businesses, including those for women entrepreneurs.
Highlighting the broader vision, Minister Saeed outlined plans for a special financial scheme dedicated to "content creation," encompassing short films and video clips. President Dr. Mohamed Muizz aims to provide additional opportunities for youth and newcomers in business, fostering a creative industry and a robust creator economy.
The multi-faceted approach underscores the government's commitment to creating an inclusive entrepreneurial landscape, where diverse voices, including those with special needs, are empowered to contribute meaningfully to the nation's economic growth.