HOME





First MicroFinance Bank-Afghanistan
First MicroFinance Bank-Afghanistan (FMFB-A) is a banking and loan institution of Aga Khan Agency for Microfinance which provides micro loans to poor and vulnerable population, particularly women. The Bank was established in 2004. See also * First MicroFinance Bank-Tajikistan * First MicroFinance Bank-Pakistan References External links * Banks of Afghanistan Aga Khan Development Network Microfinance companies of Asia Microfinance banks Banks established in 2004 {{afghanistan-company-stub ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Aga Khan Agency For Microfinance
Aga Khan Agency for Microfinance (AKAM) is a microfinancing agency of the Aga Khan Development Network. History AKAM was formally inaugurated in February 2005 by Aga Khan IV and the former president of the World Bank, James Wolfensohn. The not-for-profit agency was created under Swiss law and is based in Geneva, Switzerland. It is governed by an independent Board of Directors chaired by the Aga Khan. AKAM brings together the financial services programming of the Aga Khan Development Network (AKDN), at the lower end of the ladder, unifying and consolidating their objectives and principles of development under one institutional umbrella. The agency belongs to AKDN's social development branch, and as such AKAM operates in both rural and urban areas, seeks to alleviate poverty by helping to improve incomes and quality of life through various programmes, initiatives, and partnerships. Today, AKAM operates in developing countries including Afghanistan, Burkina Faso, Côte d'Ivoire, E ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


First MicroFinance Bank-Tajikistan
First MicroFinance Bank-Tajikistan (FMFB-T) is a commercial bank of the Aga Khan Development Network involved in microfinancing operations. The Bank was established in 2003, and has its head office at Dushanbe. The First MicroFinanceBank provides a comprehensive range of financial services to small and medium enterprises (SME) and microfinance customers to help the development of its customers and the economy – by increasing access to affordable credit, improving savings products and providing efficient and cost-effective remittance services. See also * First MicroFinance Bank-Afghanistan * First MicroFinance Bank-Pakistan HBL Microfinance Bank Ltd, Pakistan (HBL MfB) is the largest microfinance bank of Pakistan, headquartered in the country’s capital, Islamabad. HBL MfB operates over 200 locations all over Pakistan. It is one of the oldest microfinance bank in ... References External links * Banks of Tajikistan Aga Khan Development Network Microfinance co ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


First MicroFinance Bank-Pakistan
HBL Microfinance Bank Ltd, Pakistan (HBL MfB) is the largest microfinance bank of Pakistan, headquartered in the country’s capital, Islamabad. HBL MfB operates over 200 locations all over Pakistan. It is one of the oldest microfinance bank in the country with its roots in the credit and saving section of the Agha Khan Rural Support Program (AKRSP). The Bank offers a suite of conventional and digital banking products for its customers. History HBL Microfinance Bank (HBL MfB), formerly The First MicroFinanceBank Ltd, Pakistan (FMFB-P), was established in 2002 as a nation-wide microfinance bank, licensed by the State Bank of Pakistan. HBL MfB was created through a structured transformation of the credit and savings section of the Aga Khan Rural Support Programme (AKRSP), an integrated development programme to pioneer the microfinance sector in the country since 1982 in Gilgit-Baltistan and Chitral Chitral ( khw, , lit=field, translit=ćhitrār; ur, , translit=ćitrāl) ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Banks Of Afghanistan
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the an ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




Aga Khan Development Network
The Aga Khan Development Network (AKDN) is a network of private, non-denominational (de jure) development agencies founded by the Aga Khan that work primarily in the poorest parts of Asia and Africa. Aga Khan IV succeeded to the office of the 49th hereditary Imam as spiritual and administrative leader of the Shia faith-rooted Nizari Ismaili Muslim supranational union in 1957. Ismailis consist of an estimated 25–30 million adherents (about 20% of the world's Shia Muslim population). The network focuses on health, education, culture, rural development, institution building and the promotion of economic development. The AKDN aims to improve living conditions and opportunities for the poor, without regard to their faith, origin or gender. Its annual budget for not-for-profit activities is approximately US $ 950 million – mainly in Africa, Asia, and the Middle East. The AKDN works in 30 countries around the world, and it employs approx 96,000 paid staff, mostly in developing count ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Microfinance Companies Of Asia
Microfinance is a category of financial services targeting individuals and small businesses who lack access to conventional banking and related services. Microfinance includes microcredit, the provision of small loans to poor clients; savings and checking accounts; microinsurance; and payment systems, among other services. Microfinance services are designed to reach excluded customers, usually poorer population segments, possibly socially marginalized, or geographically more isolated, and to help them become self-sufficient.Christen, Robert Peck Christen; Rosenberg, Richard; Jayadeva, Veena. ''Financial institutions with a double-bottom line: Implications for the future of microfinance''. CGAP, Occasional Papers series, July 2004, pp. 2–3. ID Ghana is an example of a microfinance institution. Microfinance initially had a limited definition: the provision of microloans to poor entrepreneurs and small businesses lacking access to credit. The two main mechanisms for the ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]