Islamabad – In a groundbreaking move to promote financial inclusion and women’s empowerment in Pakistan, Mobilink Bank, a leading digital microfinance institution, has joined forces with CARE Pakistan to launch the Strive Women program. This partnership aims to unlock the potential of 50,000 women entrepreneurs over the next three years, equipping them with the financial literacy and skills necessary to establish or expand their businesses.
Mobilink Bank, a part of the global VEON group, serves as a digital operator providing connectivity and digital services to nearly 160 million customers across six dynamic markets. This collaboration with CARE Pakistan underscores the bank’s commitment to fostering a more inclusive and equitable society by empowering women in business.
Under the Strive Women program, 30,000 women will receive financial resources, including affordable loans, mentorship, and financial literacy training. These initiatives are designed to address the unique challenges women face in the entrepreneurial ecosystem, with the ultimate goal of increasing their participation in the workforce and driving economic growth.
“Mobilink Bank is steadfast in its commitment to empowering women and fostering financial inclusion,” said Haaris Mahmood Chaudhary, Interim CEO of 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. Partnering with CARE Pakistan is a strategic alliance that combines our expertise in microfinance with their dedication to women’s empowerment. Together, we are amplifying our impact and are dedicated to reaching even more marginalized women, helping them thrive financially and become catalysts for change in their communities.”
Adil Sheraz, Country Director of CARE Pakistan, expressed enthusiasm about the collaboration, stating, “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 exemplifies our dedication to fostering a robust support system for women-led businesses. Recognizing the pivotal role women entrepreneurs play in driving economic growth, we are committed to addressing their unique challenges to unlock their full potential. By joining forces with Mobilink Bank and the Mastercard Center for Inclusive Growth, we reaffirm our commitment to creating meaningful opportunities for women to succeed in business. Together, we aim to create an environment where women entrepreneurs can thrive, innovate, and contribute significantly to society.”
The Strive Women program is poised to make a substantial impact on the lives of thousands of women across Pakistan, paving the way for a more equitable and prosperous future.
