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{
    "id": 1380337,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1380337/?format=api",
    "text_counter": 161,
    "type": "speech",
    "speaker_name": "Ms. Aisha Jumwa",
    "speaker_title": "The Cabinet Secretary for Gender, Culture, the Arts and Heritage",
    "speaker": {
        "id": 691,
        "legal_name": "Aisha Jumwa Katana",
        "slug": "aisha-jumwa-katana"
    },
    "content": " Thank you, Hon. Speaker. The Women Enterprise Fund is a semi-autonomous Government agency in the Ministry of Gender, Culture, the Arts and Heritage, that is committed to the provision of accessible and affordable credit and business development services to support women start and/or expand their businesses for wealth and employment creation. The Fund was established through Legal Notice No.147/2007 as a Vision 2030 flagship project under the social pillar that seeks to make fundamental changes in four critical areas namely opportunities, empowerment, capabilities and vulnerabilities. The rationale is to address the exclusion of women from economic participation through the provision of subsidised credit for enterprise development as an affirmative action intervention that promotes the first and fifth Sustainable Development Goals on poverty reduction, gender equality and women empowerment. The major challenges under the Manual Business Model are: 1. Manual loan application process, resulting to a lengthy approval process of 45 days. 2. Lengthy loan tenure thus inhibiting the Fund from revolving the funds many times. Going straight to the Question, the digitisation of the Fund products is premised on the Government call to ensure all Government services are available online. The Fund undertook capacity building in various counties and engaged stakeholders through the media, Huduma"
}