Experts harp on restructuring of loans to benefit women

Experts have called for the restructuring of loan facilities in Nigeria to alleviate the adverse effects of some government policies on women. microfinance women Nigeria

They noted that a significant number of women are still financially excluded, as they generally earn less than men, and as a result, are closer to the poverty line, adding that the COVID-19 pandemic has further worsened the situation.

Also, the World Bank reported that the lack of regular income and the un-affordability of financial services are strong characteristics of the COVID-19 era for a lot of women. He also called for open conversation between government agencies and the most vulnerable women, to help them understand the specific challenges faced by these women.

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