Jan 27
Microfinance Projects

Microfinance Projects Overview
Microfinance Projects

Current Projects

The Microfinance section is presently engaged in the delivery of following projects (all Riba5 free):

  • Under PPAF/MIOP where the target is to serve 2,000 households with PKR 20 million as credit via 10 Village Banks in 10 UCs of the 5 districts i.e. Peshawar, Nowshera, Abbottabad, Haripur, and Kohat.
  • Under BKPAP/CIF where the target is to build the capacities of 250 Village Organization s (all women) in Village Banking to manage PKR 170 million in 40 UCs of 4 districts i.e. Battagram, Dir, Karak and Mardan.
  • Under AUSAID/CIF where the target is to prepare 36 VOs (all women) for Village Banking with a seed capital of PKR 20.25 million.  The target is to respond to the financing needs of 1,500 poor households in 18 union councils of 3 districts i.e. Peshawar, Nowshera and Charsadda on a sustainable basis.
  • Under NawaySahar program, a revolving fund to the tune of Rs. 10 million has been made available by SRSP from its own resources to extend loans to 2,000 urban households in 29 union councils of district Peshawar.