Airtel and I&M Bank Tanzania Push Women's Financial Inclusion Through Digital Resources
Empowering Female Entrepreneurs: I&M Bank Tanzania and Airtel Tanzania Launch Women Financial Literacy & Inclusion Program
I&M Bank Tanzania and Airtel Tanzania have joined forces to launch the Women Financial Literacy & Inclusion Program, an initiative aimed at empowering female entrepreneurs in the country. The program, which focuses on economic and social goals for women, seeks to advance financial literacy and provide women with tools, education, and financial access [1][2].
The program, which utilizes digital financial services, was introduced through a one-day training session held in Dar es Salaam. Over 50 women attended the session, which covered topics such as digital finance, capital and investment planning, financial management, and sustainable business practices [3].
Jennifer Onyeagoro, who is collaborating on the project, emphasized the importance of financial literacy for women entrepreneurs. She stated that the program aims to help women build stronger and more resilient businesses by equipping them with the necessary skills to manage their finances effectively [4].
The collaboration operates on the belief that an inclusive economy is a stable economy. By focusing on women, the program seeks to deepen I&M Bank's commitment to sustainability and financial inclusion while leveraging Airtel Tanzania's digital services [5].
However, the details about the specific digital financial services used in the program are not provided, and the duration of the project is also not specified. Despite these gaps, the initiative marks a significant step towards financial inclusion for women entrepreneurs in Tanzania, fostering economic empowerment and entrepreneurship growth.
References:
[1] I&M Bank Tanzania. (n.d.). Women Financial Literacy & Inclusion Program. Retrieved from https://www.imtanzania.com/women-financial-literacy-inclusion-program
[2] Airtel Tanzania. (n.d.). Women Financial Literacy & Inclusion Program. Retrieved from https://www.airtel.co.tz/women-financial-literacy-inclusion-program
[3] The Citizen. (2022, February 10). I&M Bank Tanzania and Airtel Tanzania Launch Women Financial Literacy & Inclusion Program. Retrieved from https://www.thecitizen.co.tz/tanzania/im-bank-tanzania-and-airtel-tanzania-launch-women-financial-literacy-inclusion-program-ncj2517505
[4] Daily News. (2022, February 11). I&M Bank Tanzania, Airtel Tanzania Launch Women Financial Literacy & Inclusion Program. Retrieved from https://www.dailynews.co.tz/2022/02/11/im-bank-tanzania-airtel-tanzania-launch-women-financial-literacy-inclusion-program/
[5] I&M Bank Tanzania. (2022, February 10). Press Release: I&M Bank Tanzania and Airtel Tanzania Launch Women Financial Literacy & Inclusion Program. Retrieved from https://www.imtanzania.com/press-releases/press-release-im-bank-tanzania-and-airtel-tanzania-launch-women-financial-literacy-inclusion-program
- The Women Financial Literacy & Inclusion Program, launched by I&M Bank Tanzania and Airtel Tanzania, aims to advance not only financial literacy but also science and technology skills for women entrepreneurs by incorporating digital financial services.
- Since the strategic collaboration eyes an inclusive economy, it carries an opportunity for women to participate in the technology-driven business sector, supporting their health-and-wellness and overall financial well-being.
- In the long run, proper management of finances through financial literacy could mean improved business ventures for women in health-and-wellness, further ensuring their economic stability and contributing to the growth of local business and finance sectors.
- To foster continued support for women entrepreneurs, the program could also collaborate with educational institutions to provide courses in science, technology, and health-and-wellness, thereby empowering them with multidimensional skills for business success.
