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Summary
Imaan Sulaiman-Ibrahim, the Minister of Women Affairs and Social Development launched a Oluwo Hope Initiative Women Empowerment Fund. This Programme will empower 50,000 women with financial assistance and support system.
The Minister of Women Affairs and Social Development, Imaan Sulaiman-Ibrahim has launched the Olowu Hope Initiative Women Empowerment Fund to empower 50, 000 women within its first decades.
This programme is a flagship that will transform the Owu kingdom and serve as a model for community-driven development across Nigeria. The fund operates on a two-tiered model that combines financial capital with support capital such as pro-bono services and donated goods. Through its vision, the fund will impact one million lives through four interconnected pillars: vocational training, education, microcredit and economic empowerment and healthcare.
“This is exactly the kind of grassroots empowerment that transforms societies. We will ensure this initiative touches the lives of every woman in the Owu kingdom and beyond,” Minister Imaan.
The founder of this initiative, His Royal Majesty, Oba (Prof.) Saka Matemilola, Olowu of Owu Kingdom, explained that the fund is beyond financial assistance. It is an investment in Nigeria’s most untapped resources – women. In partnership with the World Citizen, the fund will provide interest free-loans, business support, and capacity-building to 50, 000 women.
The benefits of women’s empowerment will create a market, improve family nutrition, enhance educational opportunities for children, and ultimately break the cycles of poverty.
