As part of measures to fulfill her social obligations apparently with the aim at improving the living conditions, creating job opportunities and business promotion, the Member of Parliament for Agona East Constituency in the Ashanti region, Hon Queenstar Maame Pokuwak Sawyerr has started dishing out loans to realize her agenda.
In archieving the aim, she is using the Obaatan loan scheme for the purpose of which she briefly engaged the media on the purpose.
The Obaatanpa Loan scheme has been the foundation for many women to enhance their businesses. This scheme holds great importance as it has several benefits for the community.
Firstly, the loan scheme provides financial support to women in Agona East, enabling them to establish or expand their businesses. This financial aid plays a crucial role in empowering these women by giving them access to capital that they may otherwise not have had.
Secondly, the Obaatanpa Loan scheme helps stimulate economic growth and development within the constituency. When women entrepreneurs have access to affordable loans, they can create job opportunities for others. This results in reduced unemployment rates and an overall increase in the constituency’s economic activity. Additionally, as their businesses flourish, they contribute to the local tax revenue, which can be reinvested in further development initiatives.
