Mobilink Bank and CARE Pakistan have partnered to empower 50,000 women through the Strive Women program, providing financial literacy, skills development, and affordable loans to help them establish or expand their businesses. The program aims to increase women’s participation in the workforce and contribute to a more inclusive economy.
Pakistan’s leading digital microfinance bank, Mobilink Bank, has joined forces with CARE Pakistan to empower 50,000 women through the Strive Women program. This partnership aims to unlock the potential of women by investing in their financial literacy and skills development, paving the way for a more equitable and prosperous society.
Mobilink Bank, part of the VEON group, will provide financial resources to 30,000 women over the next three years, enabling them to establish or expand their businesses. The bank will also offer affordable loans, financial literacy training, and mentorship opportunities.
The goal of this collaborative effort is to increase women’s participation in the workforce, contributing to a more inclusive and equitable economy. By addressing the unique challenges faced by women in business, the organizations aim to significantly impact women’s empowerment and financial inclusion.
“We are steadfast in our commitment to empowering women and fostering financial inclusion,” said Haaris Mahmood Chaudhary, Interim CEO Mobilink Bank. “Our Women Inspirational Network (WIN) program has already equipped 15,000 women with the knowledge and skills necessary to build and expand their businesses effectively. This partnership with CARE Pakistan combines our expertise in microfinance with their commitment to women empowerment, amplifying our impact and reaching even more marginalized women.”
Adil Sheraz, Country Director, CARE Pakistan, added: “We are excited to partner with Mobilink Bank to enhance the empowerment and financial well-being of women entrepreneurs in Pakistan. The Strive Women program demonstrates our dedication to fostering a robust support system for women-led businesses. Recognizing women entrepreneurs’ pivotal role in driving economic growth, we are committed to addressing their unique challenges to unlock their full potential and enhance our economy.”
