ABA supports female entrepreneurs via WE Act’s Women Entrepreneurship Challenge
ABA Bank, Cambodia’s leading commercial bank, is proud to sponsor the “Women Entrepreneurship Challenge” program, an initiative of WE Act Cambodia, implemented by Sevea and its supporters, Geeks in Cambodia and iCube. The program ran between December 2021 and March 2022 and consisted of two challenge cycles, aimed to engage young women entrepreneurs and female university students in developing their business ideas. Coached by experienced female entrepreneurs, this year’s program gathered 60 participants between the age of 18 and 35.
The closing event held on 1 April 2022 at SOSORO Museum was graced by H.E. Dr. Chea Serey, Assistant Governor and Director General of National Bank of Cambodia and H.E. Koung Sorita, Under Secretary of State for the Ministry of Women's Affairs. At the end of the event, the top two teams who excelled in developing and pitching the best business ideas in front of a jury panel, received cash prizes from ABA Bank.
During her key remarks, H.E. Chea Serey said, “We have cooperated with the Ministry of Women’s Affairs to enhance women financial inclusion to training for the trainer's program, it is the program that seeks to provide financial knowledge to women in community or school, primary or secondary and enhance their entrepreneurship. Immediate supportive measures shall be addressed to strengthen their skills, business linkages, and participation from all relevant stakeholders is needed.”
Through this sponsorship, ABA continues to express its commitment to making a positive contribution to Cambodia by supporting the development of entrepreneurial spirit in the society, especially aspiring female entrepreneurs and women-led businesses.
About the WE Act Project
Women Entrepreneurs Act (WE Act) is a five-year project that supports young women entrepreneurs (YWE) to strengthen their skills, business linkages, and participation with relevant associations. It is funded by the USAID and implemented by Pact Cambodia, in collaboration with many organizations. The project targets young women entrepreneurs and female university students.