Dear all,

Rozgar Microfinance Bank Limited set-up under the Micro Finance Institutions Ordinance 2001 and regulated under the Prudential Regulations of the State Bank of Pakistan is offering Micro Credit to that segment of society who can not offer collateral to obtain loans from Commercial Banks to run or begin their small business. The Bank has financed about 7,000 such persons in two and half years time in Karachi and is updating in almost all the towns and the city through 16 Centers and 4 Branches.

Besides Micro Credit, the Bank has also started Micro-Leasing, Students Loans and Loans for repair and maintenance of houses. Under Micro Leasing the Bank is leasing CNG Auto Rickshaws, Auto Trolleys, Auto Mobile Shops, Motor Cycles, Photo Copiers etc. The Bank believes that instead of cash, if prospective borrowers are given different items to generate their income, it would be more beneficial for both i.e. for the Bank and the borrower as the chances of mis-use of funds will minimal.

The Bank is increasing its coverage in the city with a pro-active approach and introduction of new products/schemes. With this strategy, it is hoped that the Bank would be able to achieve its objective to serve the deserving persons of the society in a much better way.

Best regards,

S. FAIQ HUSAIN

PRESIDENT/CEO