ISLAMABAD - Pakistan link Bait-ul-Mal (PBM) and Pakistan link Poverty Alleviation Fund (PPAF) would jointly provide soft loans to the passed out trainees of Women link Empowerment Centres (WECs) of PBM under the umbrella of Ehsaas Programme.
In this regard, an MoU signing ceremony was held here. Under this MoU, soft loans will be offered to 25,000 passed out trainees from link Women link Empowerment Centres of Pakistan link Bait-ul-Mal enabling them to live an independent life.
Chairperson BISP/Minister for Poverty Alleviation & Social Safety Net Dr. Sania Nishter, Secretary Ministry of Poverty Alleviation & Social Safety Division, Shaista Sohail, Managing Director PBM, Aon Abbas Buppi and CEO PPAF Qazi Azmat were also present in the signing ceremony.
Addressing the ceremony, Dr. Sania Nishter said the country's prosperity and uplift was directly linked to women link participation in different spheres of life.
Eulogizing the Bait-ul-Mal's role for empowering the vulnerable women link, she said the passed out students from link WECs were capable enough to lead link an honorable life utilizing their skills, said a press release.
"It's much needed in present circumstances that they must be financially empowered to help their families extricate from link poverty trap", she added.
He told that PBM had been taking tangible measures for the promotion and protection of women link rights by accommodating them in the fields of healthcare, education link, economy, rehabilitation and self-reliance with its 160 WECs throughout the country.
Managing Director PBM, Aon Abbas also expressed his enthusiasm for the expansion of WECs in order to accommodate the maximum poor link women link throughout the country. CEO PPAF Qazi Azmat termed this initiative vital for bringing pleasant change in the lives of poor link women link of the country.