Branch: near allaince travels , chakwal
COMPANY DETAILS
In 1996, Kashf Foundation began as a small action research project to replicate the Grameen Bank approach in Pakistan. Over the years, the Foundation grew from a pilot project to the third largest Microfinance institution in Pakistan, offering small loans to low income households, especially women. Today the Foundation has assisted over 650,000 families through its micro-credit program.
Four years ago, the Foundation began another experiment that is to target small entrepreneurs earning over Rs. 15,000 a month through an individual lending programme. Based on the success of this credit programme for small entrepreneurs and the growing need for deposit services by low income households, the Kashf Holding Company along with other investors like IFC is pleased to launch the Kashf Microfinance Bank Limited.
The need for building an inclusive financial sector has never been as critical as it is today. The Kashf Microfinance Bank Limited plans to reach out to 1 million small depositors and over 450,000 small entrepreneurs over the next 5 years, thus facilitating the economic transformation of Pakistan’s bottom tiers, in order to promote “Prosperity with Dignity”.
Four years ago, the Foundation began another experiment that is to target small entrepreneurs earning over Rs. 15,000 a month through an individual lending programme. Based on the success of this credit programme for small entrepreneurs and the growing need for deposit services by low income households, the Kashf Holding Company along with other investors like IFC is pleased to launch the Kashf Microfinance Bank Limited.
The need for building an inclusive financial sector has never been as critical as it is today. The Kashf Microfinance Bank Limited plans to reach out to 1 million small depositors and over 450,000 small entrepreneurs over the next 5 years, thus facilitating the economic transformation of Pakistan’s bottom tiers, in order to promote “Prosperity with Dignity”.
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