February 8, 2024
2 min read
The National Assembly Member for Banjul Central, Hon. Abdoulie Njai, has launched a new initiative named the "Andamdorr Women Microfinance" to empower women engaged in petty trading within the Banjul Central Constituency. These women are set to benefit from a financial disbursement program aimed at uplifting their businesses and enhancing their socio-economic standing. The initial recipients of this pioneering revolving fund scheme are widowed women, whose inspiring stories serve as testaments to the strength and determination within our community.
According to Hon. Njai, supporting these women in their entrepreneurial endeavors will create a positive and lasting impact on their lives and contribute to the overall economic development of the constituency. He emphasized, "The first batch of selected widowed women involved in petty trading received support to purchase items related to their businesses, thereby boosting their enterprises and overall economic well-being."
In order to achieve a broader national impact, Hon. Njai stated that his team will ensure the initiative is shared with colleagues so that they can replicate it in their respective areas. The Andamdorr Women Microfinance Initiative adopts a sustainable model, as the funds disbursed will circulate within the community, benefiting more women over time.
The official ceremony included the signing of a Memorandum of Understanding (MOU) with Supersonicz Financial Institution, a key partner in implementing this impactful project and the broader "Andandorr" movement.
This initiative aligns with Hon. Njai's campaign promises, ensuring the creation of spaces and avenues where youth and women can acquire the skills and capacities necessary for their advancement.