Posts Tagged ‘Microfinance in Pakistan’

By Farhat Abbas Shah, Microfinance Focus, Aug 31, 2010: Recent floods in Pakistan have further plunged the already reeling economy. The estimation of the total damage will take some time but the need to microfinance the victims are dire as the failure in this sector can create a famine in not too distant a future. The government is already cash-strapped and avoided default the last year with ... Full story

By Farhat Abbas Shah Microfinance Focus, March 1, 2010: Changing economic environment always calls for more innovative response. We, of course, are living in a time where hosts of events have crowded a comparatively short time span, particularly in the world of finance. Despite an incorporated world economy, the tools and methods needed in the so-called third world would definitely be different from those of implied ... Full story

By Farhat Abbas Shah Feb 11, 2010: There is a Chinese proverb that says we are living in very interesting times. Indeed we are. Old economic patterns are directly flying in our face. The ongoing recession has defied most of our beliefs. What triggered this, to put it brief, was the irresponsible ways of lending that almost sunk the world economy. Amid all this, ... Full story

Microfinance Focus, Nov. 26, 2009: The State Bank of Pakistan has, in a cirular posted on its website, allowed microfinance banks/institutions (MFB/Is) to raise foreign currency loans to enable them meet their funding requirements. The Circular (FE Circular No. 8) stated that the purpose of the loan must only be to finance the loan portfolio of MFB/Is and the borrowing can be raised in major four ... Full story

Microfinance Focus, Nov. 26, 2009: Governor State Bank of Pakistan (SBP) Syed Salim Raza said the dynamic microfinance sector is emerging to provide financial services to all and underscored the key role by technology and commercialization to drive it further. He was speaking at the third Pakistan Microfinance Forum 2009 on “Mass Accessibility and ... Full story