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MoU inked for collaboration towards digitalization of home based workers in KP

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A Memorandum of Under (MoU) has been signed for collaboration between Krafters and Pakistan Hoslamand Khawateen Network to synergize efforts towards digitization, financial literacy and onboarding of home based workers, Micro & small enterprises.|

According to a press release issued here both the organizations agreed for working cohesively to engage home based workers and MSEs (Micro and Small Enterprises) for digital onboarding and inclusion to catalyze entrepreneurship.

Moreover the two skill based entities will jointly undertake a registration campaign in Hazara division starting from December 2024 to register over five thousand home based workers in Haripur, Abbottabad and Mansehra Districts of KP.

Speaking on the occasion, Zahid Ali Shah, CEO Krafters said digital financial inclusion plays a significant role in empowering women-led businesses, particularly in developing regions, where traditional financial systems often marginalize women entrepreneurs by limiting outreach.

Besides registration of home based workers and MSEs for Digital on boarding, Krafters plans to hold orientation sessions and startup challenges for youth of KP in the coming months, he announced.

He said that once they are registered on the “HUB” app, the youth will be able to create their own enterprises, showcase their products and service through the platform and engage with all the players in the product value chain to generate business.

Krafters is currently engaged with home based workers and MSEs under app based initiative called “HUB” launched under #Pakistaninnovationfund of the Government of Pakistan by providing them a one window platform to establish, develop and grow their business, Zahid added.

The app based initiative has already registered nine thousand beneficiaries whereas Krafters plans to on board at least 30,000 more individuals by the end of first quarter of 2025.

The support activities for the “hub” have already been launched including MOUs with different organizations and platforms including financial literacy and financial inclusion activities in collaboration with jazz Cash.—APP

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