First Microfinance Bank collaborates with Saeeda Mandviwalla of TONIandGUY Karachi to upscale modern salon techniques for beauty parlours.


The First Microfinance Bank Limited, Pakistan (FMFB-P) collaborated with Ms. Saeeda Mandviwalla of TONI and GUY Karachi, to provide vocational training skills, mainly entrepreneurial and leadership skills, to beauty parlour owners and technicians. The aim of this endeavour is to encourage these women to improve their livelihoods by facilitating the growth of their businesses. This seminar took place on 23rd October at Beach Luxury Hotel, Karachi.

FMFB-P works towards strengthening its client's entrepreneurial base by helping them build their financial, physical and human capital. In line with its mission of providing access to formal financial services to vulnerable client segments, especially women, this collaborative effort was initiated.

The event was designed to demonstrate to the audience, some of the best salon practices that are being adopted by Ms. Mandviwalla in her field. In demonstrating this, the trainees would absorb this knowledge and use it to revamp their own business model to bring it up to par with international standards. Ms. Mandviwalla facilitated this through live demonstrations along with tips and tricks entailed in running a salon. As a part of the seminar, The First Microfinance Bank Limited, Pakistan supported the participants via structured financial solutions to facilitate acquisition of technical capacities and business assets for the upgrading of their beauty parlors.

On this occasion, Maya Inayat Ismail, Member, Board of Directors at First Microfinance Bank Limited, Pakistan commented, "From its inception, the First Microfinance Bank Ltd, has endeavoured to provide innovative, targeted financial, and multi-sectoral products and services based on the evolving needs of under-privileged households. We are particularly committed to helping women improve their standing in the community. We strive to achieve a future in which all women, young or old, regardless of...

To continue reading