Amal Bank launches micro-financing in Puntland
Amal Bank, one of Somalia's pioneer Xawaalad companies, launched a micro-financing project in Bacaadwayn, Mudug, Puntland.
This is a great development. As usual, I see that Somali women are the ones who are mostly interested in small businesses. According to a study done on Puntland's economy, most of the small businesses are owned and operated by women.
I wonder why there is a such a disparity in gender when it comes to small businesses in Puntland?
On the other hand, I have heard that there are a LOT of male D&M small business owners in Puntland.
So, what's preventing young male Puntites from doing the same thing? Tahriib is very costly, so let's not use that excuse.
Amal Bank, one of Somalia's pioneer Xawaalad companies, launched a micro-financing project in Bacaadwayn, Mudug, Puntland.
This is a great development. As usual, I see that Somali women are the ones who are mostly interested in small businesses. According to a study done on Puntland's economy, most of the small businesses are owned and operated by women.
I wonder why there is a such a disparity in gender when it comes to small businesses in Puntland?
On the other hand, I have heard that there are a LOT of male D&M small business owners in Puntland.
So, what's preventing young male Puntites from doing the same thing? Tahriib is very costly, so let's not use that excuse.