Facebook expands its women entrepreneurship programme in Pakistan

Published August 3, 2019
Punjab Minister for Higher Education and IT Raja Yassir Humayun; WCCI President Dr Faaiza Amjad WCCI Founding President Dr. Shehla Javed and Beth Ann Lim, Head of Community Affairs at Facebook, Asia Pacific launching the programme.
Punjab Minister for Higher Education and IT Raja Yassir Humayun; WCCI President Dr Faaiza Amjad WCCI Founding President Dr. Shehla Javed and Beth Ann Lim, Head of Community Affairs at Facebook, Asia Pacific launching the programme.

Facebook on Saturday announced the expansion of its "SheMeansBusiness programme" in Pakistan, in partnership with the Women Chamber of Commerce and Industry, Lahore Division, said a press release.

The programme is aimed at providing women entrepreneurs with the tools, training and resources that can help them secure funding and grow their businesses.

“The flexibility offered by digital technologies is enabling a new generation of women entrepreneurs around the world to make positive contributions to their families and communities. However, women still face a number of obstacles such as a lack of funding and networks that can help them grow and scale," said Beth Ann Lim, head of community affairs at Facebook, Asia Pacific, at the launch of the programme in Lahore.

"With this partnership, we want to nurture current and future generations of Pakistani women business leaders by providing access to a series of workshops and online learning tools,” she added.

WCCI President Dr Faaiza Amjad said online platforms such as Facebook helped women entrepreneurs expand their businesses.

“When women are successful in businesses, it drives social growth too, more women are employed, more diverse role models are created and there is stronger diversity.

"Successful female entrepreneurs invest in their communities and in educating children.Through our partnership with Shemeansbusiness, we will be able to help equip Pakistan’s women entrepreneurs with the knowledge, connections, skills and technology required to build and grow their businesses online,” she added.

According to the Future of Business Report — a collaboration between Facebook, the World Bank and the Organisation for Economic Co-operation and Development (OECD) — women business owners on Facebook in Pakistan still face significant funding challenges, with less than 1 in 5 stating that they currently have a bank loan or a line of credit.

Of those surveyed, over 3 in 4 Pakistani women business owners on Facebook say that social media helps their business.

According to a recent study by the Clinton Global Initiative published on the United Nations Economic and Social Council site, when women work they invest 90 per cent of their income back into their families, compared with 35 per cent for men.

Run in collaboration with business leaders, civil society, NGOs and the public sector, #SheMeansBusiness is active in 21 countries around the world, including Pakistan. It has trained more than 130,000 women in digital skills across Asia Pacific, reached online through the #SheMeansBusiness resource hub.

Opinion

Editorial

Hasty transition
Updated 05 May, 2024

Hasty transition

Ostensibly, the aim is to exert greater control over social media and to gain more power to crack down on activists, dissidents and journalists.
One small step…
05 May, 2024

One small step…

THERE is some good news for the nation from the heavens above. On Friday, Pakistan managed to dispatch a lunar...
Not out of the woods
05 May, 2024

Not out of the woods

PAKISTAN’S economic vitals might be showing some signs of improvement, but the country is not yet out of danger....
Rigging claims
Updated 04 May, 2024

Rigging claims

The PTI’s allegations are not new; most elections in Pakistan have been controversial, and it is almost a given that results will be challenged by the losing side.
Gaza’s wasteland
04 May, 2024

Gaza’s wasteland

SINCE the start of hostilities on Oct 7, Israel has put in ceaseless efforts to depopulate Gaza, and make the Strip...
Housing scams
04 May, 2024

Housing scams

THE story of illegal housing schemes in Punjab is the story of greed, corruption and plunder. Major players in these...