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Document Type

Conference Paper

Publication Date

2-3-2001

Conference Name

Asia Pacific Micro Credit Summit

Conference Location

New Delhi

Conference Dates

February 3, 2001

Series

Faculty Research - Book Chapters and Conference Papers

First Page

1

Last Page

6

Keywords

State Bank of Pakistan, Microfinance institutions, SBP, MFIs, Promotional activities, Pakistan

Abstract / Description

State Bank of Pakistan(SBP) is playing a proactive role in setting up, nurturing and promoting Microfinance institutions (MFIs). It has used its learning from DFIs to avoid Government ownership, provision of capital, management control, subsidised interest rate, lines of credit and government guarantees. This means that the focus will be on design of MFIs as sustainable community-based service delivery system and the supporting financial infrastructure. There have been some limited developmental activities for which funds have been channeled through commercial banks. The main thrust, of course, will remain on the promotional activities for spread of MFIs.

Included in

Economics Commons

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