Microfinance: FINCA opens branch in Lahore

FINCA’s first priority branch was open in Garden Town, Lahore

LAHORE: The initiatives taken by microfinance institutions such as the Foundation for International Community Assistance (FINCA) empower low-income individuals to start business, provide jobs, alleviate poverty and create new opportunities, said Federal Minister for Ports and Shipping Kamran Michael, while addressing the opening ceremony of FINCA’s first priority branch in Garden Town, Lahore. He said the microcredit facilities provided by FINCA, in conjunction with its fast expansion plan, would allow aspiring low-income entrepreneurs to increase revenues and eradicate poverty. He added small loans could enable people in developing countries to lift themselves out of poverty. FINCA Microfinance Bank Limited has been growing aggressively and its new branch in Lahore aims to provide state-of-the-art services catering to the needs of every citizen in the city. FINCA, operating in 80 cities with 100 operational branches, is the fastest growing microfinance bank in Pakistan.

Published in The Express Tribune, December 27^th,  2014.

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