{"id":69228,"date":"2021-07-17T13:42:40","date_gmt":"2021-07-17T13:42:40","guid":{"rendered":"https:\/\/websitedesigns.com.au\/elankanew\/?p=69228"},"modified":"2021-07-17T13:43:01","modified_gmt":"2021-07-17T13:43:01","slug":"united-states-commits-usd-150-million-to-support-small-businesses-and-empower-sri-lankan-women","status":"publish","type":"post","link":"https:\/\/websitedesigns.com.au\/elankanew\/united-states-commits-usd-150-million-to-support-small-businesses-and-empower-sri-lankan-women\/","title":{"rendered":"United States commits USD 150 million to support small businesses and empower Sri Lankan women"},"content":{"rendered":"<h1 style=\"text-align: center;\"><span style=\"font-size: 28px; color: #008000;\">United States commits USD 150 million to support small businesses and empower Sri Lankan women<\/span><\/h1>\n<p><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-69229 aligncenter\" src=\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2021\/07\/USA-2-e1626529213109.jpg\" alt=\"\" width=\"600\" height=\"360\" \/><\/p>\n<p><strong><span style=\"font-size: 20px; color: #800080;\">Source:<\/span><\/strong><span style=\"color: #000000;\"><a style=\"color: #000000; font-size: 20px;\" href=\"http:\/\/bizenglish.adaderana.lk\/united-states-commits-usd-150-million-to-support-small-businesses-and-empower-sri-lankan-women\/\" target=\"_blank\" rel=\"noopener noreferrer\">Bizenglish<\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 20px; color: #000000;\">The United States continues to support small businesses in Sri Lanka as they work to overcome the economic challenges posed by the pandemic.\u00a0 The U.S. International Development Finance Corporation (DFC) awarded USD 150 million in funding to Sri Lanka\u2019s DFCC Bank to bolster the local small and medium-sized enterprise (SME) sector, strengthen private sector investment, and support women entrepreneurs.\u00a0 This is the largest DFC loan disbursement for Sri Lanka to date and follows on a previous DFC funding line of USD 75 million to NDB Bank.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 20px; color: #000000;\">A portion of the loan will be directed towards SMEs owned or led by Sri Lankan women.\u00a0 By empowering women in business, this agreement aligns with the U.S.\u2019 broader goals of expanding financial inclusivity, tackling gender inequality, and increasing support for women-led enterprises.<\/span><\/p>\n<p><!--more--><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 20px; color: #000000;\">U.S. Ambassador to Sri Lanka and Maldives, Alaina\u00a0Teplitz, said \u201cEconomically empowered women uplift themselves and transform families, communities, and countries.\u00a0 In order for societies to thrive, women must have access to resources and opportunities. The economic consequences of the pandemic make gender-inclusive investment even more essential.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 20px; color: #000000;\">The U.S. International Development Finance Corporation (DFC) is the development finance institution of the United States government, primarily responsible for providing and facilitating the financing of private development projects in countries around the world.\u00a0 This assistance is part of\u00a0<a style=\"color: #000000;\" title=\"Original URL: https:\/\/www.dfc.gov\/our-work\/2x-womens-initiative. Click or tap if you trust this link.\" href=\"https:\/\/gcc02.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.dfc.gov%2Four-work%2F2x-womens-initiative&amp;data=04%7C01%7CWeerawardenaJS%40state.gov%7Ccf67ea789fc84ed556f808d9450e7281%7C66cf50745afe48d1a691a12b2121f44b%7C0%7C0%7C637616750665547161%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=MhC3rVwYfKXaeVBo3cSPuVJvDtk8To8mnF36x6P1kIw%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\" data-auth=\"Verified\" data-linkindex=\"1\">DFC\u2019s 2X Women\u2019s Initiative<\/a>\u00a0which has mobilized USD 7 billion in private sector investment toward women\u2019s economic empowerment and aims to provide\u00a0an additional USD 12 billion by 2025 to advance gender equity in emerging markets worldwide.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>United States commits USD 150 million to support small businesses and empower Sri Lankan women Source:Bizenglish The United States continues to support small businesses in Sri Lanka as they work to overcome the economic challenges posed by the pandemic.\u00a0 The U.S. International Development Finance Corporation (DFC) awarded USD 150 million in funding to Sri Lanka\u2019s [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":69229,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"aside","meta":{"footnotes":""},"categories":[20,35513],"tags":[34809,35974],"class_list":{"0":"post-69228","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-articles","8":"category-elanka-finance","9":"tag-dfcc-bank","10":"tag-u-s-international-development-finance-corporation","11":"post_format-post-format-aside"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>United States commits USD 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