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1	KASHF Bank Ltd.
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KASHF Bank Ltd. ^Featured

Owner

naveed

Address

387-E, Johar Town, Lahore, Pakistan

Telephone

+92-42-35222852-3

Fax

+92-42-35222851

Website

www.kmfbank.com

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In 1996, Kashf Foundation (KF) began as a small action research project to replicate the Grameen Bank, (Bangladesh) approach in Pakistan. Over the years, KF (Kashf Foundation) grew from a pilot project to the third largest Microfinance institution in Pakistan, offering small loans to low income households, especially women. Today KF (Kashf Foundation) has assisted over 650,000 families through its micro-credit program throughout the country). Four years ago, KF (Kashf Foundation) began another experiment that is to target small entrepreneurs earning over Rs. 15,000 a month through an individual lending program. Based on the success of this credit program for small entrepreneurs and the growing need for deposit services by low income households, the Kashf Holding Company along with other investors like IFC is pleased to launch the Kashf Microfinance Bank Limited (KMFB) The need for building an inclusive financial sector has never been as critical as it is today. The Kashf Microfinance Bank Limited plans to reach out to 1 million small depositors and over 450,000 small entrepreneurs over the next 5 years, thus facilitating the economic transformation of Pakistan’s bottom tiers, in order to promote “Prosperity with Dignity”.

Kashf MF bank will become the provider of choice by offering a full range of financial services to low income households, micro and small entrepreneurs, especially women, to equitably expand economic opportunities and to maximize value for all stakeholdersKashf Microfinance Bank (KMB) is a greenfield microfinance bank established and regulated by the State Bank of Pakistan. The aim is to reach significant scale quickly by offering savings and deposit products, individual loans and other value-added services primarily to micro and small business owners, especially women. Within 5 years, KMB expects a loan portfolio of above $270 million equivalent to approximately 375,000 borrowers and over 1 million savers.

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