Social Media Celebrates the Women Behind South Africa's 1st Female-Owned Bank

Social Media Celebrates the Women Behind South Africa's 1st Female-Owned Bank

- Nthabeleng Likotsi is the brain behind South Africa's very first female-owned bank

- Heading online, Likotsi shared a post in celebration of making history as a black woman in South Africa

- Fellow countrymen were in complete awe of what the headstrong leader has been able to achieve and congratulated her heartily in the comment section

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Nthabeleng Likotsi is one South African woman who is paving the way for other young women to move forward. The young innovative lady with a team of equally talented women is behind South Africa's very first female-owned bank.

Heading to Twitter, Likotso shared a heartwarming post about the journey to becoming one of the owners of the country's first black female-owned bank called YWBN (Young Women In Business Network).

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She wrote:

"I believed I could, I STARTED. I believed ordinary Afrikans will support my vision, THEY DID. It took us 4+ years but who was counting anyway. Together we got approved for the First Women-Owned Bank in the history of South Africa. WE DID IT!#YWBNmutualBank."

South Africans absolutely loved the post. Many of them headed to the comment section to marvel over the amazing achievement. Read a few of their comments below:

@AzaniasO said:

"I can't wait to bank there."

@gaselanonto said:

"Viva mbokodo viva!! Congratulations ladies."

@SbuNoRelation said:

"Put women in power and this country will flourish. Been saying."

@Queenin_M said:

"I remember interviewing you in 2018, you were very passionate about this project. Congratulations and all the best of luck."

@Mageu93045060 said:

"It must not only be women-owned... it must be 100% women-managed. Congratulations Ms Mariasdal."
Social Media Celebrates the Women Behind South Africa's 1st Female-Owned Bank
Nthabeleng Likotsi and her team started SA's 1st female-owned bank. Image: @MissNthabeleng
Source: UGC

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In other news, the co-founder of Flutterwave, Iyinoluwa Aboyeji, has made his desire known to financially support any women-focused credit startup.

He wants to throw his capital weight behind such a company due to the low financial capacity of female entrepreneurs. For years, women have had less access to financial opportunities to fund their entrepreneurial activities.

While commercial banks and private equity firms pledge gender-equal capital support, businessmen get the upper hand.

Source: Legit Nigeria

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