The 2005 Aga Khan Agency for Microfinance Annual Report
The 2005 Aga Khan Agency for Microfinance Annual Report
The 2005 Aga Khan Agency for Microfinance Annual Report
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US$ 25, while still having a meaningful effect on the borrower.At the same time, some loans categorised as “small loans”, canbe as much as US$ 10,000, in cases where the credit enables aborrower to employ several others while increasing his or herproductive capacity.PAKISTANOperating across a range of entities from small savings and microcreditorganisations to major commercial banks and insurancecompanies listed on national stock exchanges, AKDN institutions inPakistan have provided financial services <strong>for</strong> more than 60 years.<strong>The</strong> <strong>Aga</strong> <strong>Khan</strong> Rural Support Programme (AKRSP) laid thefoundations of the microfinance sector in the country in 1982,beginning in the Northern Areas and Chitral provinces. By 2000,WITH FINANCIAL AND TECHNICAL AS-SISTANCE FROM THE AGA KHAN RURALSUPPORT PROGRAMME, THE PRODUCTIONOF APRICOT OIL HAS GREATLY IMPROVED INTHE NORTHERN AREAS OF PAKISTAN. IT ISNOW SOLD THROUGHOUT PAKISTAN ANDIS BEING MARKETED ABROAD.31
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