Archives for Microfinance
TPL Life And Mobilink Microfinance Bank Ltd. Partner To Provide Protection Against COVID-19
TPL Life, a leading insurtech in Pakistan, has partnered with Mobilink Microfinance Bank Ltd. (MMBL), Pakistan’s largest digital bank to launch “Corona Tahaffuz,” an insurance product designed for MMBL’s customers…
51% of microfinance loans provided to Egyptian women entrepreneurs amid COVID-19
"Over the past few years, Egyptian women’s economic participation has increased, as the percentage of women holding bank accounts has increased from 9 percent in 2015 to 27 percent in…
Pakistan’s Mobilink Microfinance Bank Receives Best Digital Bank Award from Nation’s CFA Society
Mobilink Microfinance Bank Ltd (MMBL), which is part of Pakistan’s mobile operator Jazz, has been awarded “the Best MicroFinance Bank (Digital) of the Year Award” from the CFA Society in Pakistan. The award was given…
SPECIAL REPORT: Saving(s) Microfinance in a Pandemic – and Beyond
Bank in the distant pre-pandemic memory, e-MFP launched the European Microfinance Award (EMA) 2020 on Encouraging Effective & Inclusive Savings. While clearly an important topic, with innovations across the sector that are ripe…
Mini loans for major change
MOST emerging markets suffer from financial exclusion. Pakistan is no exception. In a country of 220 million people, we only have 10m active loan customers. Commercial banks lend to less…
World Bank approves 200 mln USD for Bangladesh water, sanitation project
The World Bank has approved 200 million dollars to help Bangladesh improve access to safe water and sanitation services in rural areas. The Bangladesh Rural Water, Sanitation and Hygiene for…
Microfinance industry marginally shrank under Covid impact
Pakistan’s microfinance industry shrank marginally by percent in terms of its gross loan portfolio (GLP) and in terms of active loans during the first half of 2020 because of the…
Microfinance industry marginally shrank under Covid impact
Pakistan’s microfinance industry shrank marginally by percent in terms of its gross loan portfolio (GLP) and in terms of active loans during the first half of 2020 because of the…
Pakistan received $3.7bn worth of grants, loans for Covid-19 relief efforts
Pakistan received US$ billion worth of grants and loans from various countries to support the country’s corona relief efforts. According to the details, the European Union provided a grant of…
Microfinance Industry Slowly Overcoming Covid-19 Crisis, Says Industry Body
The country-wide lockdown due to the Covid-19 pandemic has been a challenge for the microfinance industry sector, but it is slowly tiding over the crisis now, an official said on…