In partnership with Shirakat Partnership for Development and Vision-Building Future (VBF), Mobilink Bank actively participated in the European Union (EU) program “Power to Youth.” More than 100 young people, primarily women, received financial literacy training as a result of this strategic initiative, which was supported by the EU.
Mobilink Bank actively participated in the European Union (EU) program “Power to Youth” in collaboration with Shirakat Partnership for Development and Vision-Building Future (VBF). As a result of this strategic project, which was financed by the EU, more than 100 young people. In which mostly women were financed, they obtained financial literacy training.
Mobilink Bank is a subsidiary of the VEON group. A global digital operator with seven countries of operation. That offers integrated connectivity and online services. VEON is improving people’s lives by promoting greater digital inclusion as part of its digital operator strategy. Furthermore, it promotes economic development in nations with a population of more than 8% of the global total.
Moreover, the “Power to Youth” campaign, which aimed to promote financial literacy, gave people the tools they needed. To make wise financial decisions and stimulate the economy. 40 low-income women participated in its inaugural session, which was hosted in Village Gorsiyan, UC Raman Tehsil Gujjar Khan. This session served as skill upgrading training for digital account opening, financial awareness, and customized loan schemes.
The second session was held in Dhoke Khaba, Tehsil Rawalpindi. This session educated 25 young men and women on financial products. Moreover, they were educated on borrowing patterns and long-term loan utilization.
The final session was held at Rehmatabad, Rawalpindi Cantt. It provided 35 female entrepreneurs with entrepreneurship training. Allowing them to establish profitable enterprises.
The objective of the program is to transform the knowledge of finances into a tool for one’s individual and societal growth. Moreover, these workshops represent that mission.
“The ‘Power to Youth’ initiative, carried out in collaboration with the VBF. This initiative exemplifies the Mobilink Bank’s constant focus on promoting genuine transformation through financial empowerment,” said Ghazanfar Azzam, President and CEO of Mobilink Bank.
“We understand that knowledge is the key to progress. The ‘Power to Youth’ represents our constant commitment to empowering low-income people. Also to the aspiring young female entrepreneurs with the skills and insights required for success,” he added.
Additionally, he noted, “Our partnership with the VBF reflects our dedication to creating a society in which everyone is allowed to thrive, which will lead to a more equitable and successful future for all.”
Although, Mobilink Bank is a strategic accelerator for socioeconomic growth in Pakistan, to empower women and youth at its core. The Bank is aggressively developing financial well-being. Furthermore, Mobilink Bank is promoting financial literacy by expanding its skill development and building capacity projects.
Allowing under-banked persons to actively control their financial futures. Moreover, with each strategic relationship, the Bank underlines its commitment to creating a more stable and equitable banking environment for all.
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