Mercy Corps, MasterCard to financially empower 18,000 girls
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.