In a significant stride towards advancing financial inclusion and empowering women across East Africa, MaMa Doing Good on Tuesday hosted the women’s caucus of the East Africa Legislative Assembly (EALA) in Nairobi. The event shone a spotlight on the transformative potential of financial inclusion, particularly through the table banking initiative championed by the Joyful Women Organisation.

The gathering saw members of the EALA women caucus actively engage in practical sessions, gaining firsthand insights into the collective impact of financial empowerment. Recognising that financial inclusion goes beyond mere economic empowerment, the discussions emphasised its role as a catalyst for societal transformation. With access to financial resources, women emerge as agents of change, driving innovation, entrepreneurship, and sustainable development.

The table banking initiative, championed by the Joyful Women Organisation, exemplifies this transformative power. Through collaborative efforts, women are empowered to pool their resources, access capital, and kickstart entrepreneurial ventures. This grassroots approach not only fosters economic independence but also nurtures a culture of solidarity and community development.

“We are thrilled that the attending members expressed keen interest in introducing table banking initiatives in their respective home countries,” remarked Ms Jocyline Mwikali, the Head of Corporate at MaMa Doing Good. “This underscores the growing recognition of the importance of financial inclusion as a tool for empowerment and progress.”

The significance of such initiatives extends far beyond individual economic gains. By enabling women to participate actively in economic activities, financial inclusion contributes to the overall development and stability of societies. It fosters inclusive growth, reduces poverty, and promotes gender equality, ultimately paving the way for a brighter, more equitable future for all.

As the world continues to grapple with multifaceted challenges, it becomes increasingly evident that sustainable solutions must address the root causes of inequality and exclusion. Initiatives like table banking offer a promising pathway towards inclusive development, amplifying the voices and agency of women in Kenya and across East Africa.

In hosting the EALA women caucus and showcasing the transformative power of financial inclusion, MaMa Doing Good reaffirms its commitment to advancing gender equality and driving positive change in communities. Through collaborative efforts and shared vision, we can build a more just and prosperous society, where every individual has the opportunity to thrive.