February 26, 2008
Minister of Social Transformation, Trade and Industry in the Nevis Island Administration (NIA) the Hon. Hensley Daniel, said entrepreneurship was one critical ingredient that could transform the society and the development of Nevis.
Minister Daniel made the statement on Monday February 25, 2008 during a feature address to signal the start of a week long celebration of Nevis‘ first ever Small Business Week.
Mr. Daniel who also holds portfolios for Social and Gender Affairs, made reference to a report on small enterprise development in the region and said that it was critical to the development of women, single mothers, children and young people. He said support for female business owners, single mothers and poor women who worked to help maintain their families had been found to be one markedly beneficial result of micro credit programme.
These credit programmes he said could benefit and bolster these small enterprises which could yield benefits across a broad range of economies and help them to become more abundant, productive and resilient.