Watch a set of videos how Aga Khan Foundation is improving and organizing Rural communities to stand on own feet without regard to their faith, origin or gender

Access to financial services Formal financial institutions are not always able to meet the needs of the very poor, particularly those living in remote areas.  Nonetheless, poor men and women need access to small amounts of savings and credit to help smooth erratic incomes, meet planned expenses, make timely investments and cope with emergencies. In…

Woman from Chitral wins “National Mico-Entrepreneur Award” — Pamir Times Net

 Karachi (PR): Qurban Bibi, a client of the The First MicroFinanceBank (an institution of the Aga Khan Agency for Microfinance) in Pakistan, won the “Best National Micro-Entrepreneur Award Female” at the recent Citi-PPAF Micro-entrepreneurship Awards 2012 ceremony held in Islamabad. Qurban Bibi, from Booni, Chitral, was awarded a cash prize of PKR 225,000. Another FMFB…

Performance of microfinance sector in Pakistan–The Nation com Pakistan

FINANCIAL Institutions are organisations that deal with savings, investments, assets, loans, deposits, pensions, salaries etc. of the people and the issues related to them. Examples of financial institutions working in Pakistan include: Public Sector Banks, Private banks, development financial institutions (DFIs), foreign banks, investment banks, microfinance banks, specialized banks and Islamic banks As their name…

Aleppo: Enhancing Health, Educational Cooperation with Aga Khan Development Network (AKDN) Discussed – SANA Syria News

Jun 25, 2012 ALEPPO, (SANA) – Governor of Aleppo Mwafaq Khallouf reviewed with representatives of the Aga Khan Development Network (AKDN) means of activating joint cooperation in education, health and development. The governor hailed the AKDN efforts, expressing readiness to provide all necessary facilitations and to coordinate with all concerned sides to achieve more success…

Japan International Cooperation Agency (JICA) signs further agreements with (FMFB-P) and Aga Khan Development Network’s Institutions on assisting with the microfinance operation in Pakistan says Business Insights news

  Japan International Cooperation Agency signs Private Sector Investment Finance Agreement with the First Micro Finance Bank Limited-Pakistan — assisting with the microfinance operation and promoting access to finance in Pakistan – Business Insights News story,  March 21, 2012     Tokyo: In Tokyo today, Japan International Cooperation Agency (JICA) signed a subscription agreement with the…

The MasterCard Foundation enables students to explore micro-entrepreneurship and financial inclusion at Toronto conference – News Wire Canada

TORONTO, Sept. 6, 2011 /CNW/ – Toronto International Microfinance Summit announced today The MasterCard Foundation is providing 100 college and university students with financial assistance to attend its conference at Toronto’s Allstream Centre September 17, 2011. In its third year, the Summit is comprised of two events, a fundraising Gala (Sept 16) and the micro…

SYRIA: Microfinance to combat drought – IRIN Org News

Photo: UN Up to 1.3 million people are affected by drought in Syria (file photo) DAMASCUS, 5 October 2010 (IRIN) – Farmers and herders are being targeted with microfinance in an effort to relieve drought-related poverty in Syria. Widely used across the developing world since the 1970s, Syria has relatively few providers. “Microfinance can be…

Video: Ashden Awards Conference 2011 Session 4

http://www.ashdenawards.org Session 4 includes a keynote speech from Stephen O’Brien MP, films and presentations from Pankaj Patel (Abellon CleanEnergy), Suraj Wahab Ologburo (Toyola Energy), Qayum Ali Shah (Aga Khan Planning & Building Service, Pakistan), followed by a Q&A session chaired by Madeleine Bunting Earlier Posts: Video on Aga Khan Planning and Building Service, Pakistan –…

Microfinance Client Wins Micro-Entrepreneurship Award – AKDN Press Release

  Ms. Hina Rabbani Khar, Minister of State for Foreign Affairs, presenting Mr. Purdum Wali with the Best National Micro-Entrepreneur Award, Male at the recent Citi-PPAF Micro-entrepreneurship Awards 2010 ceremony held in Islamabad. Photo: AKDN Islamabad, Pakistan, 22 February 2011 – A client of the First MicroFinanceBank (an institution of the Aga Khan Agency for Microfinance)…

Tanzania: Insurance Services for ‘Poor’ Coming – Smartgrid TMCnet

Dec 07, 2010 (Tanzania Daily News/All Africa Global Media via COMTEX) — LOW income earners will have access to cheap insurance services that will cover areas of lending, agriculture and health facilities.  The 5-year project to be carried by the First Microinsurance Agency Limited (FMiA), a non profit organization will be co-financed by the Bill…

Aga Khan Agency for Microfinance to Offer Health, Savings, Harvest Insurance to Rural Poor in Tanzania through First Microinsurance Agency Tanzania

The Aga Khan Agency for Microfinance (AKAM), a nonprofit international development agency based in Switzerland, will expand its insurance products for poor people in Tanzania to cover loans and agriculture in addition to health. The expanded services will be offered as part of a five-year project that will be headed by the First Microinsurance Agency…