Islamabad—Both Pakistan and Afghanistan, being neighbouring brotherly developing countries in the Asian region, can benefit by strengthening and promoting the financial Infrastructure to support microfinance through continuous knowledge and skill sharing experiences of their respective markets.
The visiting delegation that included: Bahram Barzin, Director Technical Support, Monitoring and Supervision, Microsoft Investment Support Facility for Afghanistan (MISFA), and Najibullah Samim, Executive Director, Afghanistan Microfinance Association (AMA), and Patmana Rafiq Kunary, Member Services Specialist, Financial Access for Investing in the Development of Afghanistan (FAIDA).During the meeting it was agreed at the meeting that both countries have got immense potential to benefit from wide and rapid promotion of microfinance services in all of its rural and urban areas to tackle poverty and unemployment. President Khushhalibank, Ghalib Nishtar speaking on the occasion, said Pakistan has a conducive business environment for microfinance and Khushhalibank has been working both as a catalyst and a lead Institution in stabilizing Pakistan’s microfinance sector with an objective of retailing microfinance services on a sustainable basis.Both Afghanistan and Pakistan can learn a lot from each other, and the cooperation and collaboration among our microfinance Institutions and experts could ultimately help overcome their deep- seated socioeconomic challenges through access to sustainable financial services in both countries. Being one of the largest microfinance entities of the region currently having served nearly three million relationships and over four hundred thousand active clients, Khushhalibank has been also ranked as the premier microfinance organization in the Asia Pacific by the Microcredit Summit Campaign (MSC), a mega project of the RESULTS Educational Fund, which is a U.S. based organization committed to ending hunger and poverty at the grassroots level.
The visiting delegation that included: Bahram Barzin, Director Technical Support, Monitoring and Supervision, Microsoft Investment Support Facility for Afghanistan (MISFA), and Najibullah Samim, Executive Director, Afghanistan Microfinance Association (AMA), and Patmana Rafiq Kunary, Member Services Specialist, Financial Access for Investing in the Development of Afghanistan (FAIDA).During the meeting it was agreed at the meeting that both countries have got immense potential to benefit from wide and rapid promotion of microfinance services in all of its rural and urban areas to tackle poverty and unemployment. President Khushhalibank, Ghalib Nishtar speaking on the occasion, said Pakistan has a conducive business environment for microfinance and Khushhalibank has been working both as a catalyst and a lead Institution in stabilizing Pakistan’s microfinance sector with an objective of retailing microfinance services on a sustainable basis.Both Afghanistan and Pakistan can learn a lot from each other, and the cooperation and collaboration among our microfinance Institutions and experts could ultimately help overcome their deep- seated socioeconomic challenges through access to sustainable financial services in both countries. Being one of the largest microfinance entities of the region currently having served nearly three million relationships and over four hundred thousand active clients, Khushhalibank has been also ranked as the premier microfinance organization in the Asia Pacific by the Microcredit Summit Campaign (MSC), a mega project of the RESULTS Educational Fund, which is a U.S. based organization committed to ending hunger and poverty at the grassroots level.
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