Khushhali Microfinance Bank celebrated Women’s Entrepreneurship Day with much joy and a pledge to continue its support for women owned businesses.
The day is celebrated on the 19th of November every year. World Women’s Entrepreneurship Day commends women who strive to uproot the societal stereotypes and excel as professionals and home makers in developing economies around the world, despite all the resistance and hindrances.
Speaking about the various financial assistance programs available, Ghalib Nishtar, President Khushhalibank said: “As a market leader, Khushhali Microfinance Bank has always prioritized policies that support women inclusion in the economy. Our loans and savings products have been designed to facilitate female clients to borrow and invest in agriculture, livestock, home based/commercial enterprises and trade. In addition, our savings products also encourage females to move away from informal saving methods and save with us for secure savings with returns. We strongly believe that financial inclusion of women ensures national economic progress and success.”
Khushhali Microfinance Bank, the country’s first microfinance bank established in 2000, now has a network of over 149 branches primarily in the rural areas of Pakistan and caters to over 663,365 active borrowers. Currently, over 28% of the bank’s loan clients are aspiring females that have taken loans from Khushhali Microfinance Bank to invest in their enterprises – 22% come from Punjab, 4% from Sindh and 2% from KP.