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A tool to support the development of sustainable microfinance in Pakistan
Project
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Signature date
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Location
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Pakistan
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Financing tool
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Financing amount (Euro)
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19076.71
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Financing details
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USD 22,054 of technical assistance
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Customer
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Pakistan Microfinance Network (PMN)
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Type of customer
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Microfinance
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Country of headquarters
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Pakistan
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Project number
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PPK1022
PROPARCO is supporting the development of a study which will allow MFPs (MicroFinance Praticioners) to gain a better understanding of demand and promote more sustainable practices. This project is contributing to strengthening Pakistan’s microfinance ecosystem and will help increase access to financing in Pakistan.
Client presentation
Pakistan Microfinance Network started its activities in 1997 when a group of microfinance practitioners wanted to create an informal platform for the exchange of ideas and experiences between peers. The network has developed into a national association of microfinance players. In 2001, the network became a fully-fledged legal entity. Its role is to develop access to formal financial services in Pakistan and make these services more inclusive.
Project description
The objective of this technical assistance is to conduct a Microfinance Index of Market Outreach and Saturation (MIMOSA) study to develop a tool for all MFPs in Pakistan. This tool will give an understanding of demand and allow strategic decisions to be made tailored to the characteristics of this demand. It will thereby promote more sustainable practices to support inclusive financial services.
Project impact
This project is a responsible and structural initiative for the microfinance sector, which will increase access to financing in Pakistan. More generally, the project will contribute to stabilizing the microfinance ecosystem in Pakistan and contribute to its national strategy for financial inclusion.