Thursday, January 25, 2018

FINCA #Microfinance celebrates 10th anniversary in Pakistan

FINCA Microfinance Bank Ltd, one of the leading microfinance banks in Pakistan, celebrated its 10th anniversary in Pakistan.

At the event, FINCA reaffirmed its resolution to become a leading force to bring financial inclusion to Pakistan. The event was attended by the FINCA BOD, management, staff, and its top management from the global FINCA network. An award ceremony celebrated and appreciated the hard work and dedication of the FINCA team during 2017 too.

Rupert W. Scofield, Co-founder of FINCA and President FINCA International, congratulated FINCA Pakistan on completing 10 years of operations in the country. He shared a heart-warming anecdote of the period during which FINCA made the decision to enter the Pakistan market, and talked of his pride at the performance of the organization since then.

MD of Kashf Foundation & Board Member of FINCA Pakistan, Roshaneh Zafar talked of her ever-lasting association with the FINCA brand in Pakistan. She cherished the relationship as an important underpinning of her work in the microfinance industry, from the organization’s founding as Kashf Microfinance Bank in 2008, its acquisition by FINCA in 2013 to its eventual completion of the 10th year of successful operations. She wished the organization continued success and reiterated her commitment to contribute to the organization’s future through her duties on the FINCA Pakistan’s Board of Directors.

Zar Wardak, VP & Regional Director MESA and Chair of FINCA Pakistan’s Board, thanked her fellow Board Members for overseeing with her the remarkable journey of FINCA Pakistan. She remarked that the progress of FINCA Pakistan in outreach, women empowerment, network expansion and introduction of its digital wallet SimSim.

Speaking on achieving the 10 year milestone, Mr. Mudassar Aqil, CEO FINCA Microfinance Bank said, “This 10 year success is a testament of FINCA’s motivation to provide secure and impactful monetary services to empower the deserving small entrepreneurs of Pakistan. Since our inception, we have provided over $511 million in credit to 630,000 micro entrepreneurs, growing their businesses, creating new jobs and improving living standards. In the years to come, FINCA will continue to play a role in improving access to financial services for MSMEs, which is the engine of Pakistan’s economy.”




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