ISLAMABAD: Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) Friday signed a Memorandum of Understanding (MoU) with the Islamabad Women Chamber of Commerce & Industry (IWCCI) to promote and strengthen access to Digital Financial Solutions (DFS) for women borrowers and micro-entrepreneurs.
Promotion of financial inclusion is one of the core pillars at MMBL whereby the Bank is committed to facilitating its women borrowers by paving the path to easy, seamless, and affordable DFS offerings.
With custom-designed female-centric products, MMBL is continuously striving to fulfill the financing needs of women by eliminating barriers that restrict their access to financial services.
Through this MoU, access to financial credit for women entrepreneurs will be further simplified.
MMBL’s collaboration with IWCCI is another step forward in endorsing multiple initiatives to establish a supportive environment for women borrowers and micro-entrepreneurs allowing them to not only build their businesses but also enhance outreach.
Through tailored entrepreneurial capacity-building workshops and training programs, IWCCI will not only provide marketing opportunities for micro-entrepreneurs but also support strengthening their financial position.
This alliance is dedicated to creating better opportunities for women’s financial inclusion by generating awareness about DFS including mobile wallets. –Agencies
