• Covid-19
  • Travel Protocols
  • Immigration & Customs Form
Tuesday, February 7, 2023
SKNIS
  • Home
  • About
  • Press Releases
  • Parliament
  • In The News
  • Bills
No Result
View All Result
SKNIS
No Result
View All Result
Home Featured

ST. KITTS AND NEVIS AMONG CARIBBEAN COUNTERPARTS TO KICK-START WOMEN’S EMPOWERMENT GUARANTEE PROJECT

SKNISEditor by SKNISEditor
March 30, 2022
in Featured, In The News
ST. KITTS AND NEVIS AMONG CARIBBEAN COUNTERPARTS TO KICK-START WOMEN’S EMPOWERMENT GUARANTEE PROJECT

L-R: RESIDENT AMBASSADOR OF THE REPUBLIC OF CHINA (TAIWAN) TO ST. KITTS AND NEVIS, H.E. MICHAEL LIN; MINISTER OF SOCIAL DEVELOPMENT AND GENDER AFFAIRS ET AL, HON. EUGENE HAMILTON

Share on FacebookShare on Twitter

Basseterre, St. Kitts, March 30, 2022 (SKNIS): The Federation of St. Kitts and Nevis today, March 30, joined other Caribbean countries to kick-start a Women’s Empowerment Guarantee Project aimed at supporting countries in Latin America and the Caribbean in boosting their economies after the COVID-19 Pandemic, as well as maintaining social stability through enhancing women’s economic empowerment.

“This journey of entrepreneurial funding for Micro, Small and Medium Enterprises (MSMEs) as funded by our closest friend the Taiwanese began last year with the commencement of entrepreneurial training for women,” said the Honourable Eugene Hamilton, Minister of Social Development and Gender Affairs, during a virtual signing ceremony, held at the National ICT Centre. “For the first three cohorts in St. Kitts, 120 persons signed up. While a few may have dropped out, well over 100 completed the programmes and benefited in both training and financing, covering such areas in business ideas, food and beverage and beauty care.”

Related posts

New Blood Bank Opening Hours, Campaign Launch Encourages Regular Blood Donation

New Blood Bank Opening Hours, Campaign Launch Encourages Regular Blood Donation

February 7, 2023
Longstanding Debate on the Official St. Kitts and Nevis Coat of Arms Ends

New Blood Bank Opening Hours, Campaign Launch Encourages Regular Blood Donation

February 7, 2023

The March 30 ceremony signaled the commencement of the second component of the project which consists of two (2) categories. Category one (1) includes the provision of credit guarantees to the target market through the Participating Lenders, up to 85 percent of the funds, that is, US$4,250,000, while category two (2) speaks to support for the implementation of the Project (costs for project promotion activities and staffing and other costs related to project implementation), up to 15 percent of the funds, that is, US$750,000, which will be withdrawn in accordance with Section V, Schedule 2 of this Agreement.

Minister Hamilton used the occasion to express gratitude to the Government of the Republic of China (Taiwan) and encouraged women to capitalize on the project.

“I want to thank our closest ally Taiwan, who, for over 38 years, has supported many initiatives in St. Kitts and Nevis benefiting our people,” he said. “I look forward to the women taking advantage of this opportunity and providing for themselves and their families.”

The countries that will be covered under this particular arrangement are the countries that participate in the Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) guarantee programme, and that also choose to participate in the Taiwan ICDF programme. This will be done by the provision of partial credit guarantees to Participating Lenders that service the target market – Women Micro, Small and Medium Enterprises (MSMEs).
-30-

Previous Post

POST-CABINET BRIEFING FOR MARCH 28, 2022

Next Post

New SKN Ambassador to Panama presents credentials

Next Post
New SKN Ambassador to Panama presents credentials

New SKN Ambassador to Panama presents credentials

WHAT'S HOT

New Blood Bank Opening Hours, Campaign Launch Encourages Regular Blood Donation

New Blood Bank Opening Hours, Campaign Launch Encourages Regular Blood Donation

February 7, 2023
Longstanding Debate on the Official St. Kitts and Nevis Coat of Arms Ends

New Blood Bank Opening Hours, Campaign Launch Encourages Regular Blood Donation

February 7, 2023
The St. Kitts and Nevis Chamber of Industry and Commerce (SKNCIC) congratulates Her Excellency Dame Marcella Liburd GCMG JP

The St. Kitts and Nevis Chamber of Industry and Commerce (SKNCIC) congratulates Her Excellency Dame Marcella Liburd GCMG JP

February 7, 2023

BROWSE BY CATEGORIES

  • Bills
  • Featured
  • In The News
  • Notices
  • Parliament
  • Press Releases
  • Register of Voters
  • Uncategorized

LIKE US ON FACEBOOK

Facebook Pagelike Widget

FOLLOW US

CATEGORIES

  • Bills
  • Featured
  • In The News
  • Notices
  • Parliament
  • Press Releases
  • Register of Voters
  • Uncategorized

CONTACT US

Government Headquarters
Church Street
Basseterre, Saint Kitts and Nevis 00265
(869) 467-1416

  • Government of St. Kitts & Nevis

© 2020 St. Kitts & Nevis Information Service. Developed by E-Government Unit

No Result
View All Result
  • Home

© 2020 St. Kitts & Nevis Information Service. Developed by E-Government Unit