Economics, Econometrics and Finance
8 years ago

Khushhali Bank's Microfinance Lending Lifts Thousands Out of Poverty in Pakistan

SSRN Electronic Journal
Serving the Poorest of the Poor: The Poverty Impact of the Khushhali Bank’s Microfinance Lending in Pakistan
Heather Montgomery

Paper Summary

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The Khushhali Bank in Pakistan was set up to help the poorest people by providing them with microfinance loans. The bank has been successful in reaching many more clients than other organizations before it. By giving out loans, the bank has helped improve the lives of poor households in the country. This shows that microfinance can make a positive impact on reducing poverty in Pakistan.