Karachi, September 07, 2020: Nestlé Pakistan has donated 75 tons of water to National Disaster Management Authority (NDMA) to facilitate them in their relief activities in Karachi following the torrential rains during recent monsoon spells. Nestlé will support NDMA’s relief efforts by donating 50,000 bottles of 1.5 liter Nestlé Pure Life for people affected by…
“The whole nation stands with the people of Karachi in this hour of disaster,” says Zeeshan Afzal, CEO Million Smiles. Karachi, September 04, 2020: Million Smiles Foundation and Al-Khidmat Foundation have started relief activities in the affected areas of Karachi. It is to be noted that as a result of the recent rains, the low-lying…
Karachi, August 11, 2020: State Bank of Pakistan (SBP) has enhanced the limits for housing finance and microenterprise loans up to Rs3 million from the existing limit of Rs1 million for borrowings from the microfinance banks. Likewise, the maximum size of general loans has been enhanced from Rs150,000 to Rs350,000. Further, to commensurate with enhanced…
Karachi, July 7, 2020: Considering the fact that COVID-19 pandemic is continuing to stress the cash flow of small and medium sized businesses and households, SBP has decided to extend the Deferment of Principal Amount facility up till 30th September 2020. Its part of COVD-10 measures: SBP This facility will however be available for Small…
Karachi, June 15, 2020: As the government enforces measures to contain the spread of Corona Virus in Pakistan, Khushhali Microfinance Bank Limited (KMBL) is playing its part to contribute to these efforts and taking steps to ensure the safety of its customers and employees amid the pandemic. In light of that, Khushhali Microfinance Bank has…