Topic: Endorsement of Microcredit System in Pakistan

Author: S. Nasir R. Zaidi (CBM, Karachi)

It is very fortunate for us, the Pakistanis, that microfinance has a rich legacy in South Asia. This region of ours is the cradle of microfinance, with organizations like Bangladesh’s Grameen Bank and India’s SEWA, having worldwide influence. South Asia has also distinguished itself by forging successful partnerships for microfinance between governments, NGOs, civil society, private sector and the communities themselves, evidenced by the self-help group bank linkage in rural support programs in Pakistan. And of course, we celebrate the latest country which has joined the microfinance movement, Afghanistan, which has enabled itself to get off to a running start in creating a vibrant microfinance sector.

Before going ahead, we must clear our concept of what microcredit is all about?

Basically, micro-credit is a kind of banking service provided to unemployed or low income......

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Title: Endorsement Of Microcredit System In Pakistan
Approximate Word Count: 732
Approximate Pages: 3 (250 words per double-spaced page)

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