ISLAMABAD: Khushhali Microfinance Bank (KMBL) plans to open 10 new branches and 22 service centers in 2017. Pakistan’s largest and oldest micro finance bank is aiming to increase its reach and customer base through expansion in the rural markets and the northern areas of Pakistan.
The 10 new branches will cater to the agriculture sector and small and medium enterprises. In addition to the branch openings, KMBL is connecting remote areas through service centers, which will act as touch points for people living in distant areas. The focus of this expansion is to further group lending amongst communities of small farmers.
Published in The Express Tribune, March 8th, 2017.