Africazine:
MTN Zambia is taking significant steps to empower women entrepreneurs in Chipata.
The telecommunications company has donated a MoMo money booth and K10,000 in seed capital to the Hephy Women’s Multipurpose Co-operative Society. This initiative aims to enhance financial inclusion and support women-led businesses through access to digital financial services.
MTN Zambia’s Commitment to Women Empowerment
MTN Zambia’s initiative is part of a broader strategy to promote financial inclusion among women. The company is not only providing financial support but also offering financial literacy training. This training will help women utilize MoMo’s village banking services, fostering a culture of savings and improving access to secure financial tools.
The event highlighted the importance of women’s empowerment in economic development. The Mayor of Chipata, represented by Councillor Jonston Sinyangwe, emphasized that empowering women is a strategic economic decision. He stated that when women have access to financial resources, it leads to family stability, business growth, and stronger communities.
Zambia: Key figures on financial support for women
- K10,000 in seed capital
Future Steps for MTN Zambia’s Initiative
- Provision of financial literacy training for women
- Utilization of MoMo’s village banking services
MTN Zambia is dedicated to fostering sustainable community growth through women’s empowerment.
