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JazzCash is also the first and only nano-lender in Pakistan to offer free life and health insurance to its nano-loan customers. [6] Another facility provided by Jazz Cash is the introduction of the Jazz Cash Merchant Account, which is a digital payment facility that does transactions.
HBL Microfinance Bank Ltd (HBL MfB) is a Pakistani microfinance bank headquartered in Islamabad. [2] [3] HBL MfB operates over 200 locations all over Pakistan.It is one of the oldest microfinance bank in the country [4] with its roots in the credit and saving section of the Agha Khan Rural Support Program (AKRSP).
Kashf Foundation (Urdu: کشف فاؤنڈیشن) is a non-profit organization, founded by Roshaneh Zafar in 1996. [1] Kashf is regarded as the first microfinance institution (MFI) of Pakistan that uses village banking methodology in microcredit to alleviate poverty by providing affordable financial and non-financial services to low income households - particularly for women, to build their ...
P2P lending sites like Prosper facilitate loans and act as an alternative to a traditional bank loan. These types of lenders operate online, similar to online lenders, and the application process ...
App. Maximum loan amount. Time to funding. Fees. Google Play rating. App Store rating. Albert. Up to $250. Instantly for a fee; 3-6 days free of charge. Instant cash advance fee
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In its early years from 2002, Meezan Bank faced challenges gaining acceptance in Pakistan due to the unfamiliarity with Islamic banking and its stricter loan scrutiny. [9] To overcome this, Meezan attracted deposits from religious Muslims and shifted focus to provide loans to SMEs, including those that previously avoided traditional banking for ...
It was founded in 2006 by Nadeem Hussain as Tameer Microfinance Bank, which was later acquired by Telenor Pakistan. [2] In November 2008, Telenor Pakistan acquired 51 percent shares in Tameer Microfinance Bank for $12.5 million. [3]