In a bid to positively impact the lives of women from different backgrounds due to her own personal experience and the level of poverty in her community, Nkem Okocha started Mama Moni Limited.
Mamamoni Limited is a social enterprise that empowers poor rural and urban slum women with free vocational skills and Mobile Loans, helping them to become financially included in society, to increase their household incomes, to upskill them in their micro-businesses, and to educate their children.
Nkem had a difficult childhood after the death of her father because her mother who was a full-time housewife with no livelihood skill and no finance to start a business struggled to raise them.
Resigning from her banking job after 8 years, she started running a small business and it was then she discovered there was a lot of idle women in her community and other communities she visited with no livelihood skills and they had no money to start businesses, which made them poor and unable feed and educate their children.
As a result, in 2013, she started empowering women from different backgrounds on a range of vocational skills to help them start their own business.
In 2014, she started the financial loans part of her business.
The Mamamoni service is focused on low-income women from rural areas and urban slums who are not in the position to secure funding from financial institutions because of barriers like collateral, transaction history, means of identification etc.
Mamamoni services also trains women on different vocational skills and are taught how to manage their small businesses using thier Business Toolkit for low-income women and easy access to securing a Mobile Loan.
For more details on her work visit Mamamoni.org