Union Bank of Nigeria Plc, in partnership with MamaMoni empowerment foundation, on Wednesday unveiled its innovation hub for low income women and girls to boost women empowerment, talent development and financial inclusion.
Mrs Ogochukwu Ekezie-Ekaidem, Head of Corporate Communications and Marketing, Union Bank, announced this in a statement issued in Lagos.
The initiative, she said, was part of the bank’s commitment to a dedicated corporate social responsibility aimed at boosting women empowerment, especially those from urban slum communities.
Ekezie-Ekaidem lauded the efforts of the MamaMoni team at improving the outcomes of women in under-served communities through micro loans and empowerment schemes.
It is anticipated that each year, over 400 under-privileged beneficiaries will receive training in vocational skills such as hairdressing, make up, fashion design, mobile farming and furniture making.
Other courses to be offered at the hub include financial literacy, coding and personal branding.
NAN also reports that in 2016, Nkem Okocha, founder, MamaMoni foundation emerged a winner in the LEAP Africa Social Innovators Programme (SIP), sponsored by Union Bank.
Okocha received a grant of one million Naira to expand MamaMoni operations.
Since then, the foundation has impacted over 6,000 women by providing them with micro-loans and basic vocational and financial literacy skills.