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Visa and HBL jointly launch She’s Next program so as to empower women capitalists

Imran Zakir

KARACHI: Pakistan’s women entrepreneurs are invited to apply for grants worth USD 50,000, a tailored training program and access to networking and mentoring opportunities announced by Umar Khan, Country Manager Visa Pakistan and Afghanistan at a Press conference, here at HBL Tower, Wednesday.
Visa shares findings from She’s Next Women SMB Digitization Index survey of Pakistani women entrepreneurs including: Women-owned businesses find funding a challenge, with 86% dipping into personal savings. Applications are open until 2 December 2023.
In order to address these challenges, Visa, a world leader in digital payments, is launching its global She’s Next grant program in Pakistan for the first time in partnership with HBL.
She’s Next, empowered by Visa, is a global advocacy program that aims to support women-owned small businesses through funding, training and mentorship. Starting Wednesday, women entrepreneurs from all industries and sectors in Pakistan can apply on the She’s Next website for a chance to be among five winners to receive a grant of US$ 10,000 each. Winners will also have access to a range of benefits including a tailored training program, She’s Next Club resources such as a workshop library and a community of entrepreneurs. Applications are open until 2 December 2023.
Aamir Kureshi, Head Consumer, Agriculture & SME Banking HBL, said: “HBL is committed to increasing women participation in the economy by supporting financial inclusion. HBL and Visa have collaborated in She’s Next to develop women entrepreneurs. Through this partnership, we aim to provide women with the skill set and training, so they have greater opportunities to improve their lives.”
The Press briefing was also attended by CEO, Catalyst Lab Jehan Ara and was moderated by Jagruti Mistry Senior Director and Head of Corporate Communication (NALP).