Aisha Babangida is a Business & Finance Expert, and Founder of Egwafin Microfinance Bank
Aisha brings many years of professional experience that has helped her become known as a leader in business, finance, and philanthropy. She brings many years of professional experience that has helped her become known as a leader in business, finance, and philanthropy. Aisha has committed herself to finding new and innovative ways to empower African women in the work that she does each day. Over the course of her career she has culled a few key insights into the state of finance today, particularly in regards to female entrepreneurs, which have inspired her to tailor her work accordingly.
As part of this commitment, Aisha Babangida took over as the Chairman for the Better Life Program for the African Rural Woman in 2010. The non-governmental organization was originally founded by Aisha’s late mother in 1986 and works to help provide underserved communities access to the resources they need to thrive.
What I discovered is lacking for women in entrepreneurship are mentorship and access to finance. Unfortunately some commercial banks do not have products specifically tailored to the requirements of a woman. So we set out to address this ecosystem holistically.
Aisha Babangida founded Egwafin Microfinance Bank in 2016
Throughout her recent years working to increase access to vital resources that African women need in order to thrive. Using her experience working with women across Africa, Aisha Babangida successfully created a concept that could help communities across Africa to find financial stability by offering access to funding, finance opportunities, adult literacy classes, and more.
Aisha saw the need to help provide “unbankable” women access to funding and finance resource to help them pursue their professional goals. Babangida believes that through financial inclusion and financially enabling women to participate in the economy, we will in turn see more opportunity for economic and sustainable development.
By developing the microfinance bank as a resource for women who need resources and support, Aisha is helping to empower a whole new generation of rural entrepreneurs, while stimulating local economies overall. The Better Life Program will next set up financial initiatives to cater to urban women across Africa who wish to run small or medium enterprises as well.
Better For Life Program
Since Aisha Babangida took over the Better Life Program for the African Rural Woman, she has worked tirelessly to create new opportunities for women so that they can become self-reliant members of their families and of their societies at large. The Program tackles every area of life in order to empower women:
- Reducing hunger and poverty in rural areas;
- Influencing overall development and governance at the rural level;
- Confronting gender disparity by establishing capacity-building programs for women;
- Focus on agriculture-related programs that will be a boon to the economy.
Throughout her time as Chairman, Aisha Babangida has seen the struggles that women in underserved communities across Africa face, as a result of not having access to proper financial resources. This is what would lead Aisha to thinking of her company, Egwafin Microfinance Bank.
Better For Life Program
Prior to her work as Chairman of Better Life Program and Founder of Egwafin Microfinance Bank, Aisha Babangida worked as the Founder of the Tasnim Foundation.
From 2014 to 2017 she was Director of North Link Insurance Company, and Mentor at the Mara Foundation. From 2013 to 2017 she was on the Governing Council of the University of Abuja. She studied Leadership at the United Nations Institute for Training and Research, and studied Accounting and Finance for Non Financial Managers at the Wharton School at the University of Pennsylvania. She also studied at INSEAD (“The Business School for the World”), Webster University, the American University of Paris, Villa Pierrefeu, and even earned the enviable “Escofier Chef” title from Escofier Ritz Paris.
Aisha Babangida has a strong background in international business, and has built a strong reputation for herself as humanitarian leader for countries across Africa.She has formed a productive alliance with the Global Shea Alliance promoted by USAid to promote the shea nut industry in Nigeria to the rest of the world. She alsobrings experience in her work as the Chairman for the Better Life Program, that helps inform her decisions with the microfinance bank.