microfinance

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

The training comes as part of a wider IFC/Khushali advisory partnership

Economics experts say traditional models of financial systems no longer valid.

The management of Telenor Microfinance Bank remains the same

FINCA Bank CEO says Pakistan is among top five countries doing well in microfinance

There is little evidence that microfinance schemes such as his have had any impact on poverty reduction

Value of savings remained stagnant at Rs53.6 billion

Number of savers in April-June jumped to 13.1m, increases 28.5% Q-o-Q.