NIMBA COUNTY, LIBERIA-A five-hundred thousand Liberian Dollar loan initiative has been officially launched in Kialay District, Nimba County, aimed at driving financial independence for rural women.

The disbursement represents the first phase of a larger one-million Liberian Dollar empowerment package.

The initiative fulfills a major campaign promise made by Nimba County District Number Three Representative, Nehker Gaye.

Speaking at the launch, Representative Gaye emphasized that the program is structured for long-term growth, adding that to guarantee its sustainability, the loan will be repaid with a minimal ten percent interest rate, which will be managed directly by the women leaders themselves.

The lawmaker urged beneficiaries to manage the funds with strict financial discipline, noting that successful repayment will open doors for even more women in the district to access capital.

Meanwhile, the City Mayor of Karnplay, Daybah Zain, alongside the head of the women’s groupings, Madam Rita Goodluck, praised Representative Gaye and assured that the funds would be utilized effectively to maximize economic growth.

For some men, the loan will go a long way to encourage other women to engage in business activities like their peers to promote financial independence.

With the successful launch of the loan scheme, the core promise of the campaign has been turned into a life-changing reality for the women of For Kialay.