Hubei Issues $260 million in Small Loans

June 10, 2011
Editor: Zhang Sisi

The Propelling Meeting on Tuesday in Wuhan, capital of Hubei Province, of the Small Loans for Women Project in Hubei Province, co-hosted by Hubei Women's Federation, the Hubei Departments of Finance, Human Resources and Social Security, and Wuhan Branch of the People's Bank of China, confirmed that Hubei Province had issued 26,000 small loans to women amounting to a total 1.67 billion yuan ($257,874,720). The loans have enabled around 30,000 urban and rural women to start their own businesses.

Vice president and member of the Secretariat of the All-China Women's Federation Meng Xiaosi attended the meeting and gave a speech.

(Source: acwf.people.com.cn/ Translated by womenofchina.cn)

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