Loans of Rs8 billion provided to more than 15,900 low-income people to accelerate socio-economic development
Micro-credit is also blamed for eroding social capital within poor communities due to the group lending mechanism
PM aide stresses sector can bring underprivileged out of poverty
Official says microfinance also supports financial inclusion, empowers women
Nobel Laureate Muhammad Yunus has been at odds with Bangladesh Prime Minister Sheikh Hasina since 2007
It will pave the way for mobile payment platform’s entry into Pakistan with an investment of $185 million
FINCA CEO says there is lot of room for improvement in SME segment
Experts discuss entrepreneurial challenges in Pakistan, way forward
Microfinance bank is looking to increase financial inclusion and create stronger foothold in rural localities
Aim is to help farmers utilise interest-free loans and leverage technology