National Democratic Congress Parliamentary Candidate for Sekondi, Lawyer Blay Nyameke Armah, has commenced fulfilling his women’s banking promise with interest-free loans to women traders in the Constituency.
Market women who applied for financial aid received an interest-free loan ranging from GHS3,000 to GHS7,000 to be paid within five months. This aims to offer financial empowerment to women in the Constituency.
In an interview with the media, the kind-hearted NDC Parliamentary Candidate for Sekondi, Lawyer Blay Nyameke Armah indicated that women play a very pivotal role in the family and that financial assistance is to provide a solid foundation for their businesses.
“If you need to build a project, then you need a good foundation. Realising that the economy of Sekondi is basically fish trading, we decided to ensure a good foundation, which is enabling the market women to have a very good capital base. So that when NDC comes to power, and we are able to renovate or redevelop the Sekondi Market, the people in Sekondi Market would already have a very stable capital to enhance our economic activities. This will also empower the women because women play pivotal roles in their homes,” he stressed.
He reiterated that the soft loan for the women traders gives credence to NDC’s commitment to the promise to institute a Women’s Bank.
“Their commitment to pay back the interest-free loans is what has encouraged me and the NDC to continue this scheme. One of the policies of our flagbearer, John Mahama is to establish Women’s Bank. We want our flagbearer to know that we in Sekondi have already started this woman’s banking. The end product is for the NDC to help establish a Sekondi Community Women’s Bank to benefit every woman that is trading in Sekondi and as well as expand it to include the men,” he added.
“In the first batch of loans we gave them which is still ongoing, each beneficiary received GH2,000 and when you finish repaying, and you’re coming for your second loan after assessment, we increase it to GH3,000 and subsequently GHS5,000 and GH7,000,” he noted.
The market women in their appreciation messages to their kind-hearted and accessible MP commended lawyer Blay Nyameke Armah for coming to their aid in these economic distress and untold hardships. The beneficiaries couldn’t hide their excitement and joy towards the kind gesture bestowed on them by Lawyer Armah.
Also, the market women prayed and heaped praises on him while asking for God’s blessings to Lawyer Blay Nyameke Armah. They also made it clear that they would always give their unflinching support to him to win the Sekondi seat and enable the lawyer Armah to continue his marvellous work.
“We thank God for his life and the support, because we have seen several parliamentary candidates in Sekondi before, but he is unique and surprising. I call on all those benefiting from the loan to reciprocate by voting for him to come and do more for us women traders.”
