UNITED NATIONS, Apr 18 (APP): Despite facing formidable challenges, women-owned and run businesses in Afghanistan continue to demonstrate remarkable resilience, serving as vital pillars of economic stability and hope amidst adversity, a new UN report has found.<\/p>\n
Released by the UN Development Programme (UNDP) on Wednesday, \u2018Listening to Women Entrepreneurs in Afghanistan, Their Struggle and Resilience, \u2018analyzes data collected over the last three years, providing one of the most detailed views into the changing circumstances of women entrepreneurs in the country.<\/p>\n
\u201cWomen entrepreneurs have demonstrated incredible grit, boldness, and resourcefulness under the most dire of conditions,\u201d said Kanni Wignaraja, UNDP\u2019s Regional Director for Asia and the Pacific.<\/p>\n
The research revealed that Afghanistan\u2019s women entrepreneurs face a range of hurdles and high costs while doing business.<\/p>\n
Deepened discrimination and operational constraints, coupled with a severely weakened financial system, forced 41 per cent of the over 3,000 women surveyed into debt.<\/p>\n
Almost three quarters of respondents also reported severe movement restrictions, such as not being able to travel even to local markets without a mehram .<\/p>\n
Only five per cent reportedly received loans via banks or microfinance institutions.<\/p>\n
According to UNDP, In Afghanistan, where a total 15.8 million people are food insecure and the employment rate for working age female members has halved to six per cent since last year, women are finding ways to tackle the challenges.<\/p>\n
Entrepreneurship has surfaced as a lifeline for women and their families, it said, noting that 80 per cent of women-led enterprises rely on their business revenues as their primary source of income.<\/p>\n
Women-run businesses also create much-needed job opportunities for other women.<\/p>\n
UNDP alongside partners supported 75,000 micro and small businesses, which together have created employment opportunities for more than 900,000 individuals who in turn provide support to their families.<\/p>\n
\u201cWomen have long been the driving force behind the welfare of households in Afghanistan and play a crucial role in sustaining local economies,\u201d said Stephen Rodriques, UNDP Resident Representative in Afghanistan.<\/p>\n
He added that the agency continues to amplify their voices and highlight the benefit of investing in women.<\/p>\n
\u201cTheir courage and resilience in overcoming the odds tell a compelling story of fortitude and hope. They need international support, and this report provides additional insights on how we can support them. The future of Afghanistan depends on them,\u201d he emphasized.<\/p>\n","protected":false},"excerpt":{"rendered":"
UNITED NATIONS, Apr 18 (APP): Despite facing formidable challenges, women-owned and run businesses in Afghanistan continue to demonstrate remarkable resilience, serving as vital pillars of economic stability and hope amidst adversity, a new UN report has found. Released by the UN Development Programme (UNDP) on […]<\/p>\n
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