This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Turkcell Continues To Empower Women And Benefit Turkey With "Women Power To The Economy" Campaign

Stocks in this article: TKC

ISTANBUL, Turkey, September 27, 2012 /PRNewswire/ --

Turkcell (NYSE:TKC ,  ISE: TCELL), the leading communications and technology company in Turkey, together with the Turkish Foundation for Waste Reduction ("TISVA") and the Turkey Grameen Microfinance Program, has initiated the "Women Power to the Economy" mobile for development campaign; a global first, for low-income women who are keen to engage in economic production in Turkey.

     (Photo: )

     (Logo: )

"Women Power to the Economy" is the first of its kind globally where an operator collaborates with a microfinance institution to launch a "social lending/crowdfunding" model, enabling people who want to support low-income women by lending money via online and mobile payments.  The social lending/crowdfunding, strengthened by Turkcell's technology, also enables women to participate in the economy through this mobile for development campaign. The campaign features:

  • More Funding Through Social Lending enables donating or lending from handsets (, online ( as well as other payment options, including mobile payment and credit cards.
  • Mobile Marketplace Platform enables women to market their products to a larger audience via Turkcell's mobile announcement infrastructure throughout Turkey.
  • Handset Training for Beginners enables low-income women without handsets to have mobile phones in a feasible way along with beginners training for improved communication with the Foundation and business partners.
  • Mobile Personal Development Program gives mobile training on sales-marketing, communications, and financial literacy via Turkcell's mobile education infrastructure, enabling women to grow their businesses.
  • The mobilization of microcredit cash flow reduces physical cash transactions during the granting and collection of microcredit with the help of mobile technologies, which is a first in Turkey.  Within this model, through mobile technology solutions that Turkcell has developed: i) entrepreneurs will have secure access to financial services through their handsets, while developing "money management" awareness through the use of mobile phones. ii)  Operational efficiency will increase with the transition to electronic money. "Women Power to the Economy" initially aims to reach out to 55,000 women, and to 100,000 within 4 years. Turkcell is making an initial donation of TRY400,000 to boost the economic participation of women in the city of Van, by opening a branch together with TISVA to take actions  for economically disadvantaged women.

Turkcell CEO Sureyya Ciliv has said that, "The rate of women joining Turkey's workforce is just 28%. This hints at a hidden potential, which has neither been included in the economy, nor given any opportunity of inclusion. As Turkcell, our biggest target is to support Turkey's development through innovative solutions, and we have built one of the world's best mobile communication infrastructures to facilitate this.  The starting point of all our social responsibility projects has been the desire to make a difference for our people through equal opportunity.  With our "Women Power to the Economy" Project, we are uniting our communication and technology power and innovative solutions with Turkish women.    Let us all invest in Turkey's future together."

The president of TISVA, Professor Aziz Akgul, commented that "1 out of 5 women in Turkey (app. 7 million women) is low-incomed.   This model that has been strengthened by Turkcell's technology will transform into social solidarity, whereby our women will feel the support of millions of people and embrace their future with new hope."


1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,356.87 +288.00 1.69%
S&P 500 2,012.89 +40.15 2.04%
NASDAQ 4,644.3120 +96.4780 2.12%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs