Programme for Increasing Sustainable Microfinance - IFAD
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
Additional Data
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Total Project Cost
US$ 46.58 million
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IFAD Financing
US$ 35.01 million
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Financing terms
Highly Concessional
Co-financiers (Domestic)
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Domestic Financing Institutions
US$ 11.01 million
Project Contact
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Matteo Marchisio