Minha Faiz, President of Women in Management (WIM)s Maldivian branch has said that a thorough survey needs to carried out to identify the challenges faced by women in businesses amidst COVID-19.
Women in Management together with Oneonline and International Finance Corporation (IFC) held a video conference yesterday discussing COVID-19 Impact on Women Owned Businesses Globally in which Minha mentioned that the Maldives lucrative tourism industry has been hit hardest in addition to a lot of other businesses coming to a abrupt stop in the country.
7 leading women in business from six countries participated in this digital meeting discussing about the unfavourable situations and problems faced by the businesswomen. The speakers included, Sri Lankas CBL Group Managing Director Shea Wickaramasingha, Canadas Barrister & Solicitor of Authority and Associate PC Devika Anthony, Former Mayor of Harrow UK, Kairul Kareema Markar, Malaysias The Centre of Appetite Data Science Founder Sharala Axryd, Americas Pair Partners Founder & CEO Hannah Siegertsz, Founder & Chairperson of Women in Management Dr. Sulochana Segera, Corporate Governance Officer of South Asia Advisory Service Lopa Rahman and President of WIM Maldives and Chairperson of Oneonline Minha Faiz.
Minha said that numerous businesswomen and their businesses have been heavily affected, specially those working as freelancers are faced with more difficult situations. Therefore, she proposes to carry out a survey to fully understand the extent of COVID-19 impact on female business-owners.
She also added although the government has introduced relief loans for businesses and individuals, some female business-owners are facing difficulty in applying for it. However, these matters involving in submitting the application will be solved as soon as possible said Minister of Economic Development Hon. Uz Fayyaz Ismail, informs Minha.
Revealing that UNICEF Maldives will also be providing support for the struggling women in business, Minha confirms that there are numerous female members of various backgrounds working at the frontlines of COVID-19 pandemic.