FINCA MICROFINANCE BANK ON THE MARCH! - Opens its permanent booth in Hasan Abdal

Hasan Abdal, December 20, 2013: FINCA Microfinance Bank Ltd (Formerly KASHF Microfinance Bank) a subsidy of FINCA international, a global microfinance bank opened its permanent booth in the city of Hasan Abdal. The new permanent booth is a reflection of the Bank’s potential of strong business growth in Pakistan and a result of its strategic expansion drive in the country. 

The permanent booth was declared opened by Chaudhry Jamshaid, President Anjuman-e-Tajiran Hassan Abdal. Also, present on the occasion was Mr. Mudassar Aqil CEO and President FINCA Microfinance Bank Ltd along with other senior members of the bank and permanent booth employees.

This is the first permanent booth launch after the acquisition by FINCA International of KASHF Microfinance Bank Limited in Hassan Abdal. This permanent booth will offer the products such as like, Karaza Sahoolat, Maal Maweshi Karza, Zaraee Karza. The fact that FINCA offer very convenient banking services, fastest paper work to ensure quick disbursement of funds, we offer highly competitive savings products, and services like. ATM, Online Banking, etc. Currently FINCA Microfinance Bank has a network of 55 plus branches across Pakistan. 

ABOUT FINCA 

FINCA is a leading international microfinance organization that provides financial services to the world's lowest-income entrepreneurs so they can create jobs, build assets and improve their standard of living. For nearly three decades, FINCA has been committed to breaking the cycle of poverty by providing community-based credit and savings opportunities. FINCA currently reaches more than one million clients through its worldwide network of 22 subsidiaries in Africa, Eurasia, Latin America, and the Middle East and South Asia. FINCA's outreach is among the broadest and most comprehensive of today's microfinance networks. FINCA manages its subsidiaries through FINCA Microfinance Holding Company, LLC which is supported with socially responsible investor partners. 

ABOUT FINCA MICROFINANCE BANK LTD.

FINCA Microfinance Bank Ltd. is the newest Subsidiary in the FINCA global family of companies. The Bank was launched in 2008 under its previous name, Kashf Microfinance Bank Ltd., with a mission to alleviate poverty among the people of Pakistan by helping low-income entrepreneurs with enterprise loans and other financial services. Since then, the Bank has disbursed more than PKR 6.5 billion to more than 100,000 customers who have expanded small businesses and created jobs in their communities. FINCA Microfinance Bank Ltd. is a fully licensed deposit-taking microfinance bank regulated by the State Bank of Pakistan. The Bank’s loan portfolio is entirely funded by the savings of the more than 200,000 people who collectively have over PKR 2.4 billion in deposits