The Entrepreneurs Association (tEA) conducted workshop on the topic “Uplifting Women Street Vendors” on July 21, here at Tourist Lodge Dimapur.
Addressing the gathering, operations supervisor, tEA, Chunjanglu Gracy stated that the association was started in the year 2000 with the sole purpose of helping and promoting Naga entrepreneurs, and to study and push marketing in the state. She noted that the project ‘uplifting women street vendors’ started from 2017 whereby the team tagged Naga women street vendors as “The guardians of local economy”.
Gracy stated that such programmes were conducted across the state, while adding that tEA started providing loans to women street vendors with zero interest during the pandemic to assist them. “tEA is now supporting over 5200 women street vendors across the state”, she said.
As per survey conducted by tEA in Dimapur, Gracy informed that 50% of street vendors were selling their products without shelter, 20 % with temporary or minimal shelter, while only 30% with proper shelter. In this regard, she noted that proper shelter for all street vendors in Dimapur was a requirement to beat the scorching heat. She also mentioned that 51% of the families of street vendors were dependent on them for additional income.
She emphasised on importance of savings and encouraged to continue doing business, and to do away with laid back attitude. Later, she urged all gathered to contact the office for financial assistance.
Meanwhile, giving a motivational talk, dealer principal of Floyd Hyundai, Er. Shikato Jakhalu stressed that there was no work smaller or bigger than others, citing the example that even the Prime Minister once sold tea on the streets. He also cited the example of the womenfolk of Bangladesh and how they have been pivotal in transforming the economy of Bangladesh through micro-financing and maintaining success rate of more than 90%.
Delivering a brief overview of his entrepreneurial journey, Jakhalu stated that he gained inspiration in entrepreneurship when he observed his teachers involving in entrepreneurships besides their profession as teachers. He said that he opened a cyber café in Dimapur in 1999, and later took a loan and utilised it carefully to establish Floyd Hyundai. “My journey was never easy and I had to suffer losses for a while” he said.
Later, he encouraged the vendors to gain trust of their customers instead of focusing much on profit, citing that trust would give them better return in the long run.
During the programme, short message on basic hygiene was delivered by tutor, Government Nursing School, Dimapur, Vive S. Chishi while five vendors were also extended interest-free loans.
Earlier, programme was chaired by Anne Chopan, invocation by women leader, Konyak Baptist Church, Dimapur, Nyoimei Konyak, and vote of thanks was pronounced by administrative assistant, tEA, Imtisenla Longkumer.