Turkey,United Kingdom : Leading women in business: Turkey.
Emine ark, CEO of Turkeys Ege PetroKimya, was working for a chemical company when she decided to launch her own business in 2011. From the backseat of her car, which was also her first office, the company has grown quickly to produce chemicals in a 4000m factory and sell more than 63 different products to clients across the country. They have established regional offices and their own sales teams to reach clients directly as well.
Building my business was not straightforward. I had to believe in myself even when none of my acquaintances believed in me, and I was working day and night even when I was 8 months pregnant.
The company is based in orums industrial zone, a smaller city in the central northern part of Turkey. Emine obtained a loan from I?Bank for the business under the EBRDs Women in Business Programme that enabled her to purchase new equipment crucial in capital-intensive sectors such as this to keep the business efficient and competitive.
She also pointed to numerous social obstacles that she had to overcome in such a male-dominated world.
Women entrepreneurs have to face a particular set of challenges, especially in accessing finance and networking opportunities. Business reputation, credibility and determination are key to survival. In the chemical sector, customer loyalty is everything.
Emine is now planning to make a sizable investment in a chemical mid-product in which Turkey is entirely import-dependent. She is in the process of fundraising to finance her investment, which will create significant employment opportunities for the local community andis also planning to improve Ege PetroKimyas sales channels all over Turkey and finally expand into global markets.
Ege PetroKimya is one of the SMEs supported by the EBRDs Women in Business Programme in Turkey. The Programme had provided finance and know-how to women-led businesses to over 18,000 women entrepreneurs in Turkey to date. The Programme engaged funding by the European Union, the EBRD and the Republic of Turkey from 2014-2017.
[c] 2019 Al Bawaba (Albawaba.com) Provided by SyndiGate Media Inc. ( Syndigate.info ).
|Printer friendly Cite/link Email Feedback|
|Date:||Mar 7, 2019|
|Previous Article:||United States : Warner, Kaine Join Senate Dems In Calling On Trump Admin. To Shield Troops From Predatory Lenders.|
|Next Article:||Ukraine,United Kingdom : EBRD and partners boost transparency in Ukraine.|