Mercy Corps, MasterCard to fi­nan­cially em­power 18,000 girls

Daily Trust - - BRAND EQUITY - By Chris Agabi.

The Mercy Corps im­ple­mented Mas­ter Card-funded Ac­cel­er­at­ing Sav­ings and Strength­en­ing En­trepreneur­ship Train­ing and Skills (AS­SETS) pro­gram seeks to im­prove the lives of over 18,000 young women by con­nect­ing them to fi­nan­cial lit­er­acy and en­trepreneur­ship train­ing and fi­nan­cial ser­vices.

The pro­gramme par­tic­i­pants are reg­is­tered to re­ceive a Na­tional Iden­tity Car (NeID), which in turn is linked to a mobile sav­ings ac­count to en­sure the young women are fi­nan­cially in­cluded.

To achieve this, Mercy Corps and MasterCard aim to reg­is­ter 18, 000 young girls and women in Nige­ria to re­ceive a NeID card, giving most ac­cess to their first for­mal iden­tity.

Cur­rently over 2,000 young women have gone through the Mercy Corps/ MasterCard pro­gramme. Over 6,000 par­tic­i­pants from across Mercy Corps pro­grams have been reg­is­tered for the multi-func­tional eID card, and nearly 100 have al­ready re­ceived their card.

“By con­nect­ing young women with re­sources and ed­u­ca­tion to boost their fi­nan­cial lit­er­acy, lead­er­ship skills and eco­nomic op­por­tu­ni­ties, we can help them see that a bright fu­ture is pos­si­ble,” Iveta Ou­vry, Nige­ria Coun­try Di­rec­tor for Mercy Corps, told jour­nal­ists in Abuja at a press brief­ing.

“We re­alise that to truly em­power im­pov­er­ished com­mu­ni­ties here in Nige­ria and around the world we need to em­power women through fi­nan­cial in­clu­sion,” said Omoke­hinde Ade­banjo, Vice Pres­i­dent and Area Busi­ness Head, West Africa, MasterCard.

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