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Tag Archives: Microfinance

Microfinance and poverty reduction nexus: a reality

Microfinance and poverty reduction nexus: a reality

Poverty is a multi-faceted fabric which involves economic, social, cultural and psychological dimensions. It is a worldwide phenomenon whose consequences are dehumanizing, devastating and traumatic. In the light of this, and recognizing the importance of the devastating effect of poverty …

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Microfinancing for better future

Microfinancing for better future

The 2018 Economic Survey revealed that in Pakistan the percentage of people living below the poverty line has fallen over the decade but still stands worryingly at 24.3% in 2015-16. The adverse economic and social effects of poverty are well-researched …

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Poverty menace: still a long way to go

Poverty menace: still a long way to go

The nature of poverty is complex, and its causes are diverse. It is characterized by a lack of access to essential goods, services, assets, and opportunities to which every human being is entitled. There should not be any hunger, everyone …

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CSR at the core of organizations in Pakistan

CSR at the core of organizations in Pakistan

National Bank Of Pakistan National Bank of Pakistan (NBP) is one of the largest commercial banks of Pakistan and Corporate Social Responsibility (CSR) is an integral part of NBP’s corporate policy. It has institutionalized by creating a separate division and …

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Control spending, get rich slowly

Control spending, get rich slowly grounds

Recent Findex stats find that ownership of financial accounts in Pakistan – including those with commercial banks, microfinance institutions, and mobile money accounts – has risen to 21% of the adult population, compared to 10% in 2011. Albeit slow, the …

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