The Turkish state-owned Halkbank has announced a financial support package for women’s cooperatives and entrepreneurs in Southeast Turkey region Which was affected by recent earthquakes, the epicenter of which in Kahramanmaraş affected 11 provinces.
the bank progress a special financial package to help ensure continuity of production in the area.
This initiative aims to promote gender equality and empowerment women in the region by providing them with Resources are need to preserve their businesses and livelihoods in the aftermath of disaster.
the support package consists of Two loans: a loan to support women’s cooperatives, and a loan to support women entrepreneurs from the Credit Guarantee Fund (KGF).
Women’s cooperative support loan is designed to provide zeroInterest-bearing loans of up to 50,000 TL (2,640 USD) to women’s cooperatives in provinces of Adana, Adiyaman, Diyarbakir, Gaziantep, Hatay, Kahramanmaraş, Kilis, Malatya, Osmaniye, Sanliurfa, Elazig. This funding can be used for business expenses for help These cooperatives are recovering from the earthquake damage and continuing their operations.
The loan can be repaid over a period of 36 months, with a one-year Grace period and equal monthly installments.
the second The loan is a support loan for women entrepreneurs guaranteed by the KGF, which will cover microcredit, small and medium-sized enterprises. Women entrepreneurs affected by earthquakes will be able to come forward for a one-year non refundable business lend with a total maturity of 36 months or an investment loan with a total maturity of 60 months.
The general manager of Halkbank, Osman Arslan, highlighted this importance of the support package for women Entrepreneurs and cooperatives affected by the earthquake. He indicated that this initiative aims to: help These producers are quickly integrating in social Economic life, while strengthening solidarity and redevelopment in the region.
Arslan emphasized the importance of small and medium-sized enterprises (SMEs) in the development of the region And he confessed role of women Entrepreneurs are the lifeblood of This works.
he also Mentioned that Halkbank has already supported over 172,000 women Entrepreneurs across Turkey with Women Entrepreneurs Loan Support Package, which provides a total of more From 30 billion TL in support.
Arslan pointed out out The recent earthquake has severely affected 13.5 million people people living in the region and with women being the most vulnerable.
And confirmed it women We are facing prominent challenges Like shelter, security and savings for their families. Through their evaluation, Halkbank identified a total of 143 women’s cooperatives in Affected provinces and regions and conducting interviews with 70 cooperatives in the regionhe added.
