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Programme for increasing Sustainable Microfinance
Microfinancing is in great demand throughout Pakistan, but at present only a small part of the population has access to financial services. Donor funding for microfinance is declining, and it is crucial that microfinance funds now be provided by the commercial sector. The programme will help forge partnerships between commercial banks and microfinance organizations to help the microfinance sector continue to grow sustainably and expand its outreach. This in turn will help stimulate economic growth in rural areas and create better livelihoods for rural households.
Source: IFAD
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| Contact information |
Mr Ya Tian
Country programme manager
IFAD
Via Paolo di Dono, 44
00142 Rome, Italy
Tel: +39 0654592062
Fax: +39 0654593062
y.tian@ifad.org |
| Facts and figures |
Total cost: US$46.6 million
IFAD loan: US$35.0 million
Duration: five years
Geographical area: nationwide
Directly benefiting: 160,000 households
Status: not signed
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| Partners |
Pakistan Poverty Alleviation Fund
Ministry of Economic Affairs and Statistics
Ministry of Finance |
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