ACCESS TO FINANCE FOR BUSINESSWOMEN IN SOMALILAND

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FOR IMMEDIATE RELEASE

Date: August 2018

Who:   Ahmed Mohamoud (Awad) Ministry of Investment, Hassan Mohamed Ali Ministry of Livestock and Fisheries, Mohamoud Hassan Sa’ad Ministry of Commerce and Industry, Dr. Ahmed Ali Mah Ministry of Agriculture, TBA Director of the Somaliland Chamber of Commerce; representatives from the USAID/Somaliland Growth, Enterprise, Employment and Livelihoods (GEEL) Project; 50 businesswomen in Somaliland

What: Forum for Somaliland businesswomen seeking finance for their businesses

Where: Grand Haddi Hotel, Hargeisa, Somaliland

When: August 27, 2018 – 08.30 to 16.00

WhyThe Access to Finance for Women in Business forum will take place in Hargeisa on 27 August 2018. The event will attract female entrepreneurs in Somaliland seeking financing for their businesses and will be attended by key service providers, including finance and equipment providers, and GEEL program partners. Keynote speakers include the Somaliland Ministers for Agriculture and Investment, and leading businesswomen.

The forum will provide information on accessing finance in Somaliland to approximately 50 female entrepreneurs working in the agriculture, livestock, fisheries, and renewable energy sectors. Attendees will be introduced to financial partners and receive guidance on their application processes. Participants will also learn about support available from GEEL and providers.

Financial institutions, including Premier Bank, MicroDahab MFI, KIMS, Dahabshil Bank, Shuraako, and Forum SYD will present financing options for female entrepreneurs. With direct access to finance providers as well as GEEL gender, investment, agriculture, livestock, energy and fisheries experts, participants will enjoy valuable gains towards business financing and expanded networks for future enterprise growth.

Those interested in conducting in-person or phone interviews with Somali representatives on the ground can do so viaMohamed.Yusuf@sogeel.org.

 

About the USAID/Somali GEEL Project

The Growth, Enterprise, Employment & Livelihoods (GEEL) is a USAID-funded project that works with the private sector to promote sustainable and inclusive economic growth in Somaliland, focusing on strengthening the economic opportunities especially in the livestock and dairy, fisheries, agriculture, and energy sectors. The project addresses challenges and opportunities that are common among multiple sectors and builds the capacity of investors eager to invest in business opportunities.

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