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MMBL, Care International conclude Nationwide Training Sessions while Upskilling 300 Women Borrowers

News Desk by News Desk
October 27, 2021
Mobilink Microfinance Bank Posts 98% Year on Year Growth in Revenues to Reinforce Market Position
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KARACHI – Pakistan’s largest digital bank, Mobilink Microfinance Bank (MMBL) and Care International in Pakistan, a leading global humanitarian organization, entered into a strategic collaboration earlier in the year through an MOU, which materialized into special training sessions for MMBL’s female borrowers to upskill them in business and financial management. Through WIN, MMBL centers its skill development initiatives around sustainability, offering borrowers free access to the Learning Management System which consists of video-based business fundamentals and financially literacy content in Urdu, seamlessly accessible through smartphones.

The sessions were organized in six major cities; Islamabad, Lahore, Gujranwala, Faisalabad, Hyderabad, and Multan, under MMBL’s flagship women empowerment program, Women Inspirational Network (WIN). Through the course of the training programs spread across the country, MMBL successfully trained 300 women borrowers.

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The training initiative, executed in collaboration with Care International’s global IGNITE program, powered by the Mastercard Center for Inclusive Growth, aimed to uplift women from all spheres of life and provide equal opportunities for them, enabling them to contribute to national economic growth through financial empowerment.

MMBL maintains an open line of communication with trainees, after the conclusion of their sessions as well to lend any additional support in their skill development. These efforts are directly aligned with the State Bank of Pakistan’s Gender Mainstreaming Policy which envisions a truly financially inclusive future for Pakistan.

Sharing his thoughts on the activity, Sardar Mohammad Abubakr, Chief Finance & Digital Officer, MMBL said: “Financial inclusion has emerged as a critical development challenge and is a key indicator for poverty alleviation and prosperity. As the country’s largest digital bank, MMBL has always been on the forefront of promoting financial inclusion across all tiers and empowering the masses through capacity-building programs. Our partnership with Care International has opened up new avenues for fostering economic empowerment of women and we look forward to conducting similar training sessions in the future.”–

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