MetLife Foundation Partners with CSD Nepal to Support Women Entrepreneurship in Nepal
MetLife Foundation has collaborated with Center for Self-Help Development (CSD) Nepal for strengthening the financial conditions and transferring digital knowledge to women entrepreneurs affiliated to various microfinance institutions (MFIs) in Nepal. As part of this initiative, CSD will work closely with prominent women entrepreneurs from different MFIs to upskill their entrepreneurial competencies through extensive trainings, mentorships, and networking opportunities.
This partnership aims to develop an inclusive business environment for emerging women entrepreneurs in Nepal. A support of total US $50,000 shall be utilized to uplift around 5,000 women entrepreneurs through entrepreneurship and innovation trainings, financial and digital knowledge transfer sessions, access to local and international markets, and development of networking communities around the country. MSC Global Consulting, a boutique consulting firm has associated with CSD Nepal to coordinate this project through various MFIs around Nepal.
MetLife Foundation’s support towards Women Led Businesses (WLB) is aimed to boost women’s involvement in businesses and protect them through vulnerabilities with the market. An introduction to digital trends and financial expertise shall help these women to overcome their fears and provide them the confidence to make better decisions for a sustainable livelihood. MetLife Foundation pledge to embrace equity through inclusivity and independence as part of this year’s International Women’s Day within India, Bangladesh, Nepal, and Vietnam.
Regarding the initiation of this partnership, Mr. Nirmal Kajee Shrestha, Vice President, and General Manager of MetLife Nepal said: “MetLife Foundation’s support to women entrepreneurs shall provide them the access to necessary resources and help them flourish their businesses through advancement in their technical and digital capabilities along with exposure to local and global marketplace.”