leading micro finance bank in Pakistan

Leading micro finance bank in Pakistan

Before we go to the post title let me share with you basic definition of Micro Finance bank what it is all about?

"A Micro Finance Bank is kind of bank which is different from traditional banking it is usually aims to facilitate the micro-entrepreneurs and small business owners that lack access to banking related services because of high transaction cost. A Micro Finance Bank traditionally in Pakistan offers loans at very low transaction cost to the small business owner so that they can develop their business   "

Micro Finance Banks offer loans on easy conditions and terms with easily payable installments to the micro-entrepreneurs. 

In Pakistan there are many Micro Finance Banks working and play very vital role toward the improvement and development lower calls population of Pakistan. Following are most effective and leading Micro Finance banks of Pakistan.

Next values are relatively number of Borrowers and Market Share (Data Obtained from SBP.org ) 

• Khushhali Bank   389,383  17.8% 
• MFI Ordinance 2001, BCO 
• The First Microfinance Bank  225,204  11.2% 
• Tameer Microfinance Bank   94,211  4.0% 
• Network Microfinance Bank  6,224 0.2%
• Pak‐Oman Microfinance Bank  8,113  0.5% 
• Kashf Bank   14,194 0.8%
• NRSP Bank   ‐ 0.0%
• Rozgar Microfinance Ban