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Thursday, November 28, 2024

Mobilink Microfinance Bank & CARE International in Pakistan collaborate to promote entrepreneurial ventures with access to digital financial solutions including capacity development - TechJuice

Last updated Monday, June 27, 2022 12:20 ET

To bolster the mission of promoting financial inclusion across the nation through innovative digital financial solutions, Mobilink Microfinance Bank Limited (MMBL), Pakistan’s largest digital bank is collaborating with CARE International in Pakistan (CIP). The collaboration is powered by CARE’s Ignite project, funded by the Mastercard Center for Inclusive Growth, enabling financial and technological access for entrepreneurs, especially females. The Ignite project is part of a global collaboration between CARE and the Center for Inclusive Growth, Mastercard’s social impact arm.
On the occasion, Ms. Romina Khurshid Alam, Special Advisor to the Prime Minister praised the collective efforts of both CARE International and MMBL towards fostering a synergistic approach to enhance the financial inclusion of women entrepreneurs in Pakistan. Moreover, she indicated that women’s economic empowerment is a key priority area for the government and encouraged the promotion of similar initiatives to reach the underbanked segments of the population, especially women. She added that such projects continue to lend unwavering support for women’s long-term financial development and the nation’s economic growth.
Through this strategic partnership, MMBL and CARE aim to accelerate the financial inclusion of more than 12,000 entrepreneurs, especially females who have been running their businesses for at least two years and have employed a minimum of 2-10 staff members. Enhancing access to credit...



Read Full Story: https://www.techjuice.pk/mobilink-microfinance-bank-care-international-in-pakistan-collaborate-to-promote-entrepreneurial-ventures-with-access-to-digital-financial-solutions-including-capacity-development/

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