Paymob, Tamweely and Arab Women's Enterprise Fund signs agreement to boost women entrepreneurs
Digital payment technology company Paymob has signed a cooperation agreement with Tamweely Microfinance and the Arab Women's Enterprise Fund (AWEF) to increase financial and digital opportunities for female entrepreneurs in Egypt, within the broader context of the #AcceptTheChange campaign.
The campaign aims to empower 250 female merchants and their female clients by providing e-payment solutions.
The agreement also aims to empower a larger audience of female consumers, by providing them with greater payment choices, additional convenience, and the ability to generate valuable transaction records for future credit purposes.
As part of this partnership, the AWEF, which is a development programme financed by the UK's Department for International Development (DFID), will provide technical and financial assistance to Paymob, while Tamweely Microfinance will facilitate linkages with their client base of female-owned micro-businesses to enhance their business strength and growth potential.
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