Islamabad : Pakistan’s leading digital microfinance bank, Mobilink Bank strengthens its commitment to women’s economic empowerment with the launch of Pakistan’s first-ever industry-specific incubation program designed exclusively for women entrepreneurs. This initiative falls under the umbrella of the Bank’s ongoing Women Inspirational Network (WIN) program. The most promising startups will compete for a PKR 4 million investment to bring their startup ideas to life.
“Mobilink Bank is transforming the entrepreneurial landscape in Pakistan with our WIN Incubator program,” said Haaris Mahmood Chaudhary, Interim CEO Mobilink Bank. “This initiative is aimed at breaking barriers for small women-owned businesses by providing essential tools and resources. Through mentorship, training, and a supportive network, we wish to empower women to turn their dreams into successful businesses and consequently play an integral role in the country’s economic development. Starting with a cohort of 25, we plan to enable thousands of women entrepreneurs in the coming years.”
I am excited to witness the incredible journeys of these 25 talented women entrepreneurs and their impact towards the country’s economy.”
The program tailors a suite of financial solutions to address the specific needs of women entrepreneurs by offering vital skills development alongside access to financial resources. The Bank boasts a 25% female loan customer base, experiencing a 38% year-over-year growth in its women’s loan portfolio. While 22% of the Bank’s total loan portfolio supports agriculture, 16% of agri-business loans are specifically directed towards women-owned ventures. This targeted approach underscores Mobilink Bank’s dedication to fostering a more inclusive economy, where women can flourish as entrepreneurs and contribute meaningfully to national growth.
