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Encyclopedia > First Micro Finance Bank

The First Micro Finance Bank (Pakistan) is the embodiment of the concept of "micro loans" as a means to spur development in the third world. These loans are quite small relative to normal Western financial arrangements, often less than US$20, but provide access to capital that was never possible due to economic, cultural, or historical reasons. First Micro Finance Bank was set up by Aga Khan Rural Support Programme and the Aga Khan Fund for Economic Development in March, 2002. Please contact us at:'Email: khaleel.malik@gmail.com, Phone: +923014397007



Freedom from Hunger

http://www.freefromhunger.org/


Freedom from Hunger is an international development organization working in sixteen countries across the globe.



Freedom from Hunger brings innovative and sustainable self-help solutions to the fight against chronic hunger and poverty. Together with local partners, they equip families with resources they need to build futures of health, hope and dignity.


Credit with Education is Freedom from Hunger's worldwide strategy to bring self-help solutions to the fight against hunger--one family at a time. In 1988, they initiated the Credit with Education program, launching a new era of impact and outreach in our fight against hunger. The success of the program lies in its ability to combine information for improving people's lives with the means to do so.


Through a combination of cash credit and vital health/nutrition education, Credit with Education enables women to buy more and better food, invest in their children's education, take control of their families' health, and help each other to have a greater influence in their communities.


With training and assistance from Freedom from Hunger, local organizations can provide a service that meets the needs of their countries' poorest citizens through a sustainable, cost-effective program.


To find out more about Freedom from Hunger visit their website: http://www.freefromhunger.org/


  Results from FactBites:
 
First Micro Finance Bank - Wikipedia, the free encyclopedia (141 words)
First Micro Finance Bank is based in Karachi, Sindh, Pakistan.
First Micro Finance Bank is the embodiment of the concept of micro loans as a means to spur development in the third world.
First Micro Finance Bank was set up by Aga Khan Rural Support Programme and the Aga Khan Fund for Economic Development in March, 2002.
His Highness the Aga Khan Visits Islamabad, Pakistan - March 2002 (2247 words)
He said to compliment efforts of micro finance institutions, the government is restructuring the Agricultural Development Bank to focus on rural economy and sustenance of the poor.
The Chairman of the First Micro Finance Bank, Sultan Allana in his welcome address said that the initial paid-up capital of the bank is five hundred million rupees and the authorised capital one billion rupees.
Inaugurating the first Micro Finance Bank in the private sector set up by the Aga Khan Foundation here on Monday, the president said that poverty alleviation was one of the major targets of the government which needed support of the multilateral agencies.
  More results at FactBites »


 
 

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