Khushhali Microfinance Bank has contributed PKR 1 million (about $6,067.04) to the Fund to support the government in the fight against COVID-19.
This webinar recording presents results from a survey of 1,000 microfinance clients and MFIs that serve them for a detailed picture of the impact of Pakistan's lockdown on households and the industry overall.
Pakistan’s micro, small and medium sized enterprises and individual consumers are set to benefit from the creation of an electronic registry that allows for the country’s financial institutions to use moveable assets as collateral for loans.
The donation was a part of a local initiative in which FINCA employees contributed a day’s worth of salary towards COVID-19 relief in appreciation of the country’s need in this time of crisis.
The State Bank of Pakistan has extended a number of measures taken to mitigate the impact of COVID-19 from their original deadline of 30 June / 30 September, to 31 December.