Financial Inclusion Supporting Business Enable Behaviour/Attitude Changes poverty, develop employment skills and LEAP | Pecaut Centre Education in Cambodia • Increase awareness and action to set short- work towards obtaining a certificate for Social Impact – The term and long-term financial goals that from Humber College in Business Office Equity Opportunity Manulife Cambodia, in partnership with meet individual needs and expectations Technology. In 2022, Manulife’s support Sathapana Bank, a leading commercial helped 30 women begin this program and The Equity Opportunity seeks to build an bank in Cambodia, Khmer Enterprise, • Empower individuals to design and Manulife employees led three financial equitable and resilient future for women and Credit Guarantee Corporation of pursue career pathways empowerment sessions for program in Canada, particularly those from equity- Cambodia (CGCC), successfully launched Increase Skills/Personal Effectiveness participants. deserving groups. With LEAP, we are the first cohort of I’m Financially Literate • Increase an individual’s ability to manage scaling innovative, high-impact solutions (IFL) to provide non-financial services to personal finances and/or help them gain Windmill Microlending that address the long-standing barriers SMEs, MSMEs, and women in business. new qualifications/skills preventing women from achieving full The material of the course is designed to The Manulife Loan Fund for Finance economic well-being, and that expand solve challenges faced by business owners Improve Quality of Life/Well-being provides loan capital directly into the hands economic opportunities. Together, we are including a lack of business acumen and of newcomers eager to restart their careers providing the following cohort of social financial literacy skills. • Improve a sense of belonging, resilience, in a finance-related field across Canada, ventures with strategic and operational and greater social connections with specific focus in Ontario, British support and leadership coaching, to • Enable individuals to maintain meaningful Columbia, Québec, and Nova Scotia. expand their services and help more employment in their industry of choice, With an average loan amount of $11,000, women attain financial resilience: Investing in Financial increase their earning potential, and/or Manulife provided 16 individuals with The Forum, Keepers of the Circle, NPower protect their financial security funds to support direct education costs, Canada, Newcomer Women’s Services Opportunity and Access including books, tuition and professional Toronto, Up With Women, and WoodGreen In addition to the community investments development, as well as the costs of Community Services. This work comes As part of our approach to our highlighted in alignment to our second living, allowing clients to focus on studies on the heels of LEAP’s report “Advancing Community Investment, we focus on Impact Agenda pillar, we supported the and accreditation. On average, Windmill Women’s Economic Well-Being” published the following areas to support and following projects during the year: Microlending clients see a 3.5x increase in in August 2022. enable global access to financial income and a drop in unemployment from products and services. We aim to: New Beginnings 41% to 8%. Our partnership is helping Support Program convert the potential of newcomers into prosperity and creating a stronger Manulife continues to partner with New economy and diversified labour force. Beginnings Support Program in Toronto, an organization that helps restructure the lives of low-income and underserved women by helping them transition out of 2022 Public Accountability Statement 12