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Microfinance Sector Misses Major Targets In 2020

Pakistan’s microfinance sector achieved a significant milestone with consistent growth over a period of one decade. However, it missed all major targets ....

Pakistan Microfinance Network , National Financial Inclusion Strategy , Microfinance Network , Pakistan Microfinance , State Bank , National Financial Inclusion , பாக்கிஸ்தான் நுண்நிதி வலைப்பின்னல் , தேசிய நிதி சேர்த்தல் மூலோபாயம் , நுண்நிதி வலைப்பின்னல் , பாக்கிஸ்தான் நுண்நிதி , நிலை வங்கி , தேசிய நிதி சேர்த்தல் ,

Microfinance's potential rocky road - Newspaper

Pakistan’s microfinance industry, which is already struggling to recover from the impacts of the first wave of the Covid-19 pandemic, could face tougher times in the next six to 12 months. AFP/File
Pakistan’s microfinance industry, which is already struggling to recover from the impacts of the first wave of the Covid-19 pandemic, could face tougher times in the next six to 12 months should the increasing virus infections lead to fresh business disturbances in the country, squeezing the repayment capacity of the small borrowers further.
The microfinance banks and institutions are already facing considerable difficulties in recovering their old loans because a majority of the borrowers are still unable to meet their repayment schedules owing to losses in their incomes. According to industry sources, the number of active borrowers has shrunk from its peak of 7.4 million in 2019 to 6.8m in 2020 because of the health crisis, which forced the government to enforce the lock ....

Mubashar Bashir , Mudassar Aqil , Telenor Microfinance Bank , Finca Microfinance Bank , Pakistan Microfinance Network , A Pakistan Microfinance Network , Pakistan Microfinance , Deputy Chief Financial Officer , Finca Microfinance , State Bank , டெலினர் நுண்நிதி வங்கி , ஃபின்கா நுண்நிதி வங்கி , பாக்கிஸ்தான் நுண்நிதி வலைப்பின்னல் , பாக்கிஸ்தான் நுண்நிதி , துணை தலைமை நிதி அதிகாரி , ஃபின்கா நுண்நிதி , நிலை வங்கி ,