Women empowerment leads the country to the path of progress. When all the people play an equal part in the development of the country, it opens new gateways for the country to explore and expand its reach. In Pakistan, women are going to great lengths to make a strong identity for themselves. They are creating the space for other women to come forward and play their role as an active citizen of the country. For this very reason, NIBAF and Meta joined hands to empower Pakistani women.
NIBAF and META partnership
The launch of SheMeansBusiness a flagship project of Meta to ensure the sustainability of women-led business in Pakistan is continuously taking steps to train more and more women entrepreneurs. Recently, NIBAF and Meta have joined hands to introduce a program that would help women gain skills to lead the business. Business Resilience through Financial Education (BRFE) will be managing and implementing this program. This partnership is expected to bring great changes in the entrepreneurial business landscape, especially for women.
Meta is one of the largest tech giants in America. It is the parent company of many platforms such as Instagram, Facebook, Whatsapp, etc. Yes, it is the very same company whose logo appears on the screen whenever we open these apps.
State Bank’s subsidiary, the National Institute of Banking and Finance (NIBAF) is responsible for managing, overseeing, and developing national and international training programs. It also works on the capacity building of the country.
In the partnership between Meta and NIBAF, women who are a part of the National Financial Literacy Program for Youth (NFLP-Y) will be given online training. Around 3000 women entrepreneurs will be a part of these training sessions.
Upon this partnership NIBAF’s Managing Director, Riaz Nazarali Chunara said “Financial empowerment is one of the key drivers of women empowerment. NIBAF is excited to collaborate with META to strengthen the financial literacy and digital skills of Pakistani women. We hope that this partnership will help our women craft their own entrepreneurship journeys.”
While Meta’s Director, APAC Policy Programs and Government Outreach, Beth Ann Lim on this event said “We are excited to collaborate with NIBAF to foster financial education and training for Pakistan women entrepreneurs.” She added, “Financial education is crucial for sustainability and resilience of small and medium enterprises, especially when combined with digital skills.”
Beth Ann Lim expressed her opinion on improving women’s entrepreneurial skills. She said “Over the last 2 years we’ve found that entrepreneurs that have adopted digital tools have been more resilient, financial education would further enable them to adapt and grow their businesses. I hope this arrangement goes on to make a significant difference for women-led businesses in the country.”
We are also excited to see how this program is going to bring changes in the business industry and how women can make the most out of this opportunity.