Do More With Reuters
Partner Services

Afghan women entrepreneurs say just need investors

Wed May 20, 2009 10:28pm IST
 
Email | Print | | Single Page
[-] Text [+]

By Emma Graham-Harrison

KABUL, May 20 (Reuters) - Sixty Afghan women entrepreneurs, touting ventures ranging from financial services to potato chips and school uniform, on Wednesday launched their hunt for start-up funding to shake up the male-dominated economy.

In a country where many women still do not show their face beyond the confines of their own homes, the businesswomen gathered at Kabul's Intercontinental hotel for an investor fair and graduation ceremony knew they were up against tough odds.

"The most serious of our problems is being young, and women," said 23 year-old Roqia Sajadi, who is seeking $15,000 to launch her Afghan Vision financial services company.

But they have done their market research, are sure they have found a niche and have lined up two possible clients already.

"Afghanistan can't believe in us, and can't accept us as young businesswomen ... but if we have someone to support us, of course we can succeed," Sajadi said.

Like the entrepreneurs around her, Sajadi is a graduate of a women's business training programme run by the American University of Afghanistan, which teaches everything from leadership and management to the details of keeping good books.

Many of the products they hope to sell are badly needed in a country that is heavily dependent on imports because the economy has been battered by 30 years of war and violence.

"All these things around us are made in other countries, we have not been able to be self-sufficient," Gholam Hassanzadah, chief executive officer of Siemens Afghanistan, told the women at a graduation ceremony before the fair.  Continued...

India Investment Summit 2009
India Investment Summit 2009

Top executives and bankers discuss their own plans and the broader opportunities and challenges for India.  Full Coverage 

GLOBAL RECOVERY

A labourer works on a flyover bridge at a construction site in New Delhi October 14, 2009. REUTERS/Parth Sanyal/Files
Global economy in holding pattern - IMF

The global economy is in a holding pattern and vulnerable to more upheaval, the head of the IMF said, adding a lasting recovery will depend on policymakers taking the proper steps in the coming months.  Full Article 

Market Update

  • IndiaIndia
  • USUS
  • UKUK
  • Asia
  • Most Actives

BLOGS

Photo
Calculated Move

Reliance aims big with $12 bln bid for LyondellBasell.  Blog 

showcase

U.S. Recession
U.S. Recession

A trip through the epicenters of the American recession.  Full Coverage 

 
Central Banks Cautious
Central Banks Cautious

Reuters tracks the policies of the world's top central banks as the debate over global economic recovery rages on.   Full Coverage 

 
T P Raman
Column - RBI leads the world

Reserve Bank of India's approach ring-fenced the banking system.   Full Article 

 
Funding Blues
Funding Blues

A popular tactic used by Indian brokerages to raise money for rich clients is likely to be banned.  Full Article 

 
Not Enough Jobs
Not Enough Jobs

Venture capital creates jobs, but not enough.  Full Article 

 
Column - A Sweet Dream
Column - A Sweet Dream

There are good reasons for Ferrero to consider a combination with Cadbury.  Full Article