PRESS RELEASES

Khushhali Microfinance Bank Limited Increasing Financial Accessibility through ‘Branch on Wheels’

Date: November 22, 2017

Khushhali Microfinance Bank (KMBL) has launched a new initiative called “Branch on Wheels” which is a fully equipped vehicle designed to deliver banking services. This initiative will cater to communities spread over remote areas with no or limited access to banking services. The pilot phase is being run under Value Chain Financing in collaboration with Market Development Facility (MDF) and Shakarganj Food Products Limited, and will offer Livestock loans and general banking facilities to farmers selling milk to Shakarganj industries.

image
image

Events

Pakistan Microfinance Network hosted a two-day Microfinance Conference on Innovation and Growth

December 21, 2017

PakistanMicrofinanceNetwork hosted a two-day Microfinance Conference on Innovation and Growth, with Khushhali Microfinance Bank as one of the sponsors of the conference. The event was held in Islamabad and Dr. Miftah Ismail, Special Assistant to the Prime Minister on Investment, inaugurated the Conference with leaders of the sector in attendance. Ghalib Nishtar, President Khushhali Microfinance Bank ,also addressed the gathering during the session on Microfinance Plus. During his address, he emphasized that the industry needs to embed microfinance plus services as one of the pillars in its business development strategy. He further added that the practitioners need to be supportive of people at the bottom of the pyramid through product innovation and also be sensitive to their requirements while remaining ethical in their business practices.