Islamabad, Sep 2: Mobilink Bank, the top digital microfinance bank in Pakistan, has partnered with CARE Pakistan to use the Strive Women program to help 50,000 women reach their full potential. In order to create a more just and prosperous society, Mobilink Bank and CARE Pakistan will invest in the development of their financial literacy and abilities. Both groups will provide 30,000 women with the financial resources they require to launch or grow their enterprises over the course of the following three years.
As a member of the VEON group, a worldwide digital operator, Mobilink Bank serves close to 160 million users in six vibrant markets that account for 7% of the world’s population. These customers receive integrated connectivity and digital services from the organization. Mobilink Bank and CARE Pakistan have partnered to offer a variety of financial services, such as mentorship opportunities, training in financial literacy, and reasonably priced loans. Both organizations seek to greatly boost women’s workforce involvement in order to contribute to a more equitable and inclusive economy by tackling the particular issues faced by women in business.
“Mobilink Bank is unwavering in its dedication to promoting financial inclusion and empowering women,” said Haaris Mahmood Chaudhary, the bank’s interim CEO. “Thanks in large part to our Women Inspirational Network (WIN) program, 15,000 women now have the knowledge and abilities needed to successfully launch and grow their own businesses. Our strategic cooperation with CARE Pakistan combines their dedication to women’s empowerment with our experience in microfinance. By working together, we can make a bigger difference and are committed to reaching even more marginalized women who need our support to prosper financially and become change agents in their communities.
“We are excited to partner with Mobilink Bank to enhance the empowerment and financial well-being of women entrepreneurs in Pakistan,” stated Adil Sheraz, Country Director, CARE Pakistan. We are committed to creating a strong support network for women-owned businesses, as demonstrated by the Strive Women initiative. We are dedicated to tackling the particular difficulties faced by female entrepreneurs in order to help them reach their full potential and improve our economy, as we acknowledge their critical role in promoting economic progress. By partnering with Mobilink Bank and the Mastercard Center for Inclusive Growth, we are reaffirming our dedication to provide women with significant chances to thrive in the professional world. Our goal, together with those of our partners, is to establish an atmosphere in which female entrepreneurs may flourish, lead innovative lives, and make substantial contributions to society.