PAKISTAN MICRO-FINANCE CORPORATION SPREADS GOOD BUSINESS PRACTICE AS WELL AS MONEY TO SMALL TRADERS
January 1st, 2018
PAKISTAN’S economy is growing and becoming increasingly formal, with banking rates on the rise, so groundbreaking micro-finance is a key part of this economic modernisation.
The Pakistan Microfinance Investment Company (PMIC) is part of this change – it not a standard micro-finance lender: it finances other micro-finance organisations. It draws on expertise to help these lenders boost their capacity and ability to spread good business practice among grassroots borrowers. That said, the PMIC also directly lends to target sectors. It has already financed ...
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