LSF AND NMB FOUNDATION ENTER INTO AGREEMENT TO EMPOWER WOMEN AND GIRLS SOCIALLY AND ECONOMICALLY


  • The partnership aims to empower women, girls, and marginalize groups to benefit from existing opportunities and enhance their economic status.
  • The collaboration focuses on pooling efforts and resources to address community challenges over a three-year period.
  • The agreement aims to provide professional advice in designing and managing projects that aim to strengthen the sectors of education, health, and the environment in Mainland Tanzania and Zanzibar.
  • It aims to improve collaborations and combine efforts between non-governmental organizations and private corporations in solving citizens' challenges.

 

The non-governmental organization LSF and the NMB Foundation have signed an agreement to jointly implement social projects aimed at uplifting women and girls socially and economically. These collaborations, signed today at the NMB bank headquarters, are expected to be three-year agreements.

 

The agreement is  focused on implementing projects in the sectors of Education, Entrepreneurship, Health, and Environment – areas in which these organizations have been implementing their projects. Through these agreements, LSF and NMB Foundation aim to combine efforts in sourcing financial resources to implement various projects nationwide.

 

Since its establishment in 2021, the NMB Foundation has been implementing its projects in these vital sectors of Education, Health, Agriculture, Environment, and Entrepreneurship with the aim of promoting sustainable and economic inclusion. Moreover, LSF has been committed to ensuring the social and economic rights of women are met nationwide by providing education and empowering communities to ensure equality and access to various opportunities, including education, quality health, clean environment, and resources by implementing community projects in districts and regions across Mainland Tanzania and Zanzibar.

 

These agreements between LSF and NMB Foundation come at a time when our country is implementing an agenda to empower women economically and make progress towards achieving the goals of the National Development Vision for 2025 and the SDGs by 2030. Therefore, these collaborations are aimed at contributing to achieving these goals.

 

Speaking during the signing of these agreements, Mr. Nelson Karumuna, General Manager of NMB Foundation, expressed his enthusiasm about the partnership, saying, "As an institution implementing social projects, NMB Foundation expects a lot from these collaborations. This is a partnership between two influential institutions in their respective operational areas. We are more in a sector where we can collaborate with LSF in empowering women and girls socially and economically. Therefore, we expect that joining our forces together will enable many projects to be initiated and reach more Tanzanians in Mainland and Zanzibar. We have set a goal to invest efforts in jointly sourcing financial resources from various internal and external sources for a period of three years," said Mr. Karumuna.

 

On her part, the Executive Director of LSF, Ms. Lulu Ng’wanakilala said, "We are proud to enter into agreements with the private sector and are pleased to see the private sector like NMB Foundation taking the lead in devising alternative collaboration strategies that are effective in solving social challenges, and NMB Foundation is a clear example today. LSF for about 12 years has been implementing our projects at the community level, and we still see major challenges in empowering women and girl children educationally, health-wise, and economically, thus the partnership we are initiating today with NMB foundation will be productive in contributing to solving these challenges.

 

LSF believes in stakeholders coming together and combining efforts, and thus we have been working closely with the Government and its institutions, development partners, non-governmental organizations, private sector thus signing these agreements with NMB foundation today is a major step in making our programs sustainable. It is clear that the collaborations entered into today between these two institutions will be productive in increasing joint efforts and pooling resources in contributing to eradicating poverty, ending gender disparities, and promoting inclusive economic growth in Tanzania, especially for women and girls who have been left behind," added Ng’wanakilala.

 

LSF and NMB Foundation believe in collaborations as a catalyst for bringing about sustainable development in society. These agreements are the beginning of the implementation of projects aimed at continuing to reach communities and various needy groups in Mainland Tanzania and Zanzibar.