WEMA Bank claims that by providing them with support and training in a variety of enterprises and professions, it will empower 10,000 young women.
According to The Punch, it stated that action would be taken in cooperation with Mastercard and the Pan-Atlantic University Entrepreneurial Development Centre.
The alliance, according to the executive director for retail and digital business at Wema Bank, Tunde Mabawonku, will not only support inclusivity and be in line with the Sustainable Development Goals, but will also create real job opportunities for the country’s vibrant youth population, resulting in positive changes for people, businesses, and families across the board.
“With great pride, we embrace the role of architects in this initiative, igniting a spark that promises to set a journey of growth and progress into motion,” he declared.
The Divisional Head of Retail and Small and Medium Enterprises at Wema Bank, Ayodele Olojede, claimed that the partnership would empower female customers by boosting their employability, enhancing their employability, and ultimately preparing them to become successful entrepreneurs in their own right.
According to him, 10,000 female business owners who are devoted Wema Bank clients will receive free training from seasoned experts thanks to the Entrepreneurial Development Centre at Pan-Atlantic University.
“The coveted chance to become accredited Business Development Support Providers through SMEDAN will be awarded to 50 of these people.
“Additionally, as part of our dedication to fostering excellent entrepreneurs, we are glad to award grants and initial money of up to N500,000 to a select group of them, allowing them to turn their academic excellence into real-world business success.”
As the program’s founders, he continued, “We are anxious to watch the tremendous positive changes that will result from this program. We sincerely thank everyone who took part, both in person and digitally.
The director at EDC, Nneka Okekerau, said that the training applied to business owners in the agriculture, digital, and creative industries.
She asserted that a shift in perspective was necessary to change the mindset to get positive results.