Tuesday, 16 July 2013

Beijing Establishes Special Office to Distribute Small Loans to Women

A special office to supervise and manage the small loans for women program under the China Women's Development Foundation (CWDF) was established in Beijing on July 2, 2013.

The office, jointly set up by the CWDF and the Rural Development Institute of Chinese Academy of Social Sciences, aims to promote the smooth, systematic and professional operation of the small loans for women project, which could be a turning point in the project's development.

The project has been implemented in more than 20 provinces and cities since 1996, distributing more than 160 million yuan (US$ 26.08 million) in loans, benefiting more than 100,000 needy families and helping more than 300,000 women to start their own businesses. 

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