The Pakistan Microfinance Investment Company (PMIC), in collaboration with Jazz, Daraz, MG Apparel, and TCS, supported by the Champions of Change Coalition (CCC), has signed a Memorandum of Understanding (MoU) to launch the “Informal to International (I2I)” project. This project aims to empower 150 women entrepreneurs in district Bahawalpur by transitioning their businesses from local […]
October 3, 204 – Pakistan Microfinance Investment Company (PMIC) has announced the launch of its new Shariah-compliant suite of financing products, expanding its offerings beyond conventional microfinance wholesale financing. This initiative includes key Islamic finance instruments such as Mudarabah and Musharakah, which will now be available to all of PMIC’s borrowing institutions. These products are […]
In a significant move to enhance financial inclusion and drive economic growth in Pakistan, the Pakistan Microfinance Investment Company (PMIC) and the U.S. International Development Finance Corporation (DFC) have signed a Loan Portfolio Guaranty Agreement. This strategic partnership will provide a loan portfolio guaranty of up to $15 million. The initiative aims to empower women […]
PMIC and Daraz Forge Partnership to Empower Rural Women in Pakistan In a landmark collaboration, the CEOs of Pakistan Microfinance Investment Company (PMIC) and Daraz have officially joined forces under the PMIC’s “Informal to International” initiative. This partnership, endorsed by the Male Champions of Change forum, represents a united effort to drive innovation, bridge barriers, […]