Entrepreneurng.com, a group of women from all backgrounds who get together to encourage one another while utilizing the numerous advantages provided by the financial institution to meet their entrepreneurial goals has been established by Stanbic IBTC Holdings as the Blue Blossom community.
Women make up 43.83 percent of the labor force globally and own 43% of all enterprises, according to a recent World Bank report. Despite the expansion of financial services in the largest economy in Africa over the past ten years, 98% of women still do not have access to formal credit markets.
Mrs. Sola David-Borha, a non-executive director of Stanbic IBTC Holdings, said that the Blue Blossom community is a network of women who will have access to all of Stanbic IBTC’s products, including lending, investing, insurance, foreign exchange, and educational trusts. The full spectrum of financial services will be available to the women, particularly in terms of supporting them as they build their businesses.
David-Borha further urged the populace to maintain their sense of financial dignity by beginning to invest and save early and properly considering risk diversification to ensure a steady flow of income.
Olajumoke Bello, Head of Enterprise Banking at Stanbic IBTC Bank, said that the community offers a network of top executives in many industries and gives consumers access to beneficial contacts and prospects.
“I’m really delighted to introduce the community, which is a byproduct of our banking services and value added effort to give ladies a wonderful experience. Nigerian women will have healthier, more fulfilling lives with Blue Blossom, she claimed.”
Remy Osuagwu, executive director of business and commercial banking at Stanbic IBTC Bank, said that because women are the foundation of established societies, they must be encouraged to participate in the development of Nigerian communities.
He stated: “Women’s potential for growth, leadership, and success is limitless when they are exposed to and trained in the art and science of business, along with receiving equitable financial services with affordable credit facilities.”
The Blue Blossom community, according to Osuagwu, is a multi-value platform that aims to create an enabling environment for women as young as 18 and nurture them into becoming their best selves.
Emi Agaba-Oloja, the executive director of Stanbic IBTC Trustees Limited, stated: “Women must maximize their organizational gifts. We have taken this into account in the Blue Blossom community to promote camaraderie and operate as a resource pool for Nigerian women from all walks of life.
In conclusion, Agaba-Oloja emphasized and emphasized the advantages of community membership, saying that these advantages included free business clinics, career or business development sessions, mentorship through master classes, access to a CHESS account for their children or wards, access to the community market and network, and many others,. As earlier reported by the guardian.com.
