Home Business Opportunities Unlock capital for women led-enterprise
Business Opportunities

Unlock capital for women led-enterprise

Share
Women Unlimited contributed to the establishment of new waste management company, Waste Life!
Share

 Access to finance remains one of the biggest hurdles for women entrepreneurs in the country, despite their proven track record of reinvesting earnings into families and communities. However, funding oppor¬tunities do exist for those who know where to look.

From grassroots organisations to pan-African development banks, a growing network is working to bridge the gap and put capital in the hands of women who can turn ideas into thriving businesses.

1. Women Unlimited Eswatini support role:

• Provides entrepreneurship training, business mentorship and advocacy for gender equality in economic spaces.

• Offers counselling services that can help women overcome personal and social barriers to business growth.

Funding potential:

• While not a direct funding body, they can connect entrepreneurs with mi¬cro-finance institutions, government programmes and donor agencies that fund women-owned businesses.

• May also host grants or seed-funding competitions for start-ups.

2. Imbita Swaziland’s Women Trust support role:

• A well-established women’s financial organisation in Eswatini that pro¬motes savings, credit and investment initiatives for women.

• Offers financial literacy training to enhance women’s ability to manage funds effectively.

Funding potential:

• Provides soft loans, savings schemes and group lending models to help women start or grow their enterprises.

• May collaborate with development agencies to channel grant funding to women-owned businesses.

… Other funding opportunities

3. Youth Enterprise Revolving Fund Support Role:

• Targets young entrepreneurs, in¬cluding young women, to support innovative business ideas and job creation.

• Provides business training and support to improve sustainability.

Funding potential:

• Offers low-interest loans or grant opportunities for youth-led enter¬prises.

• Women under 35 who own or co-own businesses can access start-up or expansion capital.

4. Rural Development Fund Support Role:

• Aimed at promoting economic development in rural areas, where women are often disproportion¬ately affected by poverty.

• Supports initiatives in agriculture, small-scale manufacturing and community-based enterprises.

Funding potential:

• Provides credit and loans to ru¬ral-based businesses, including those run by women.

• May offer grant schemes for co-operatives or community pro¬jects where women are the prima¬ry beneficiaries.

5. Africa Development Bank (AfDB) Fund Support Role:

• AfDB promotes gender inclusion and funds programmes supporting women’s entrepreneurship across Africa. Works through national banks, development agencies and targeted initiatives like the Affirmative Finance Action for Women in Africa (AFAWA).

Funding potential:

• Provides large-scale financing, guarantees and technical assis¬tance to institutions that then lend to women-owned SMEs.

• Grants may also be available for women-led projects with high development impact.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Don't Miss

Chief Justice Bheki Maphalala passes on

MBABANE- Chief Justice Bheki Maphalala has died, according to reports emerging on Thursday. Maphalala is reported to have passed away while receiving treatment...

Thousands flock to Shiselweni for Umhlanga second leg

MANZINI – Thousands of Imbali yesterday descended on the Mbangweni Royal Residence in the Shiselweni Region, marking the beginning of the second leg...

Schools open as scheduled – PS

MBABANE –Principal Secretary in the Ministry of Education and Training, Nanikie Mnisi, has affirmed that schools will reopen as scheduled in accordance with...

E50 000 bail for couple in E2.3 million theft case

MBABANE - A former chief clerk and her husband, implicated in the alleged theft of E2.3 million from Pick Yours Supermarket in Buhleni,...

Mbuso Simelane accused of attempts to divert E10m public funds

MBABANE – The Eswatini Medical Christian University (EMCU) Council has alleged that the Chairman of the committee appointed to investigate the affairs of...

Related Articles

Businesses you can start from your laptop

You don’t always need a shop to start a business. For generations,...

IDCE opens doors to local suppliers

Local businesses have an opportunity to position themselves for new business opportunities...

Oracle doubles down on entrepreneurship

Oracle Group Eswatini has reaffirmed its commitment to growing the country’s entrepreneurial...

Importance of encouraging youth entrepreneurship

In a rapidly evolving world, the empowerment of youth is crucial for...