An event was organised under the auspices of Akhuwat in the WAPDA Town area of Lahore, which was attended by Akhuwat’s donors, people from various walks of life, and representatives of civil society. While addressing the gathering, the founder and chairman of Akhuwat, Dr. Muhammad Amjad Saqib, said that Akhuwat is successfully running an interest-free […]
Microfinance
Union Microfinance inaugurates its first branch in Karachi
Union Microfinance, a new entrant in the microfinance industry, launched its first branch on 24th February in Karachi. Union Microfinance was established with the mission to tap the unbanked population and bring them into the ambit of financial inclusion. As financial access translates into prosperity and reducing poverty, Union Microfinance has taken up the challenge […]
Financial inclusion of low-income groups a must for economic growth
The Deputy Governor State Bank of Pakistan Jameel Ahmad while talking to this scribe said that the equal opportunities for all to accessing and using the financial services would make the newly introduced and adopted National Financial Inclusion Strategy (NFIS) to contribute significantly in the economic growth. Lack of access to formal financial services commonly […]