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Credit, collateral laws should help women gain access to capital

ISLAMABAD: President, Islamabad Women’s Chamber of Commerce and Industry (IWCCI) Samina Fazil on Monday said women entrepreneurs should diversify their businesses to excel and play important role in the national development.

Fazil said that majority of business women are too much focused on few sectors while few would venture in other areas, which show lack of confidence, she said. Fazil said this while speaking to women entrepreneurs at the beginning of a 3-month training programme organised by Pakistan Stone Development Company (PASDEC) and the United Nations Industrial Development Organisation (UNIDO). Women both at home and work front have become the backbone of the society; they are able to cope up with the challenges while perusing goals in life, she said. Women are always engaged in situations that can be dubbed as walking on a tightrope to balance business, job and family life, she said adding that for doing we have to have time management skills.

Fazil said that there is growing body of evidence that a key factor in development of a country is entrepreneurial activity and the opportunity for anyone to engage business of choice. However, she said, in this part of the world, women are less likely to engage in entrepreneurial activities than are men, and when they do so, they tend to move into less profitable sectors.

Source: Daily Times

Date:8/9/2011

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