The First MicroFinanceBank Ltd Pakistan (FMFB-P)

About The First MicroFinanceBank Ltd Pakistan (FMFB-P)

The First MicroFinanceBank Ltd, Pakistan (FMFB-P) was established in 2002 as a nation-wide microfinance bank, licensed by the State Bank of Pakistan. The Bank offers a range of microfinance products and services i.e. micro credit, deposits, insurance and other banking services to serve the diverse financial needs of the poor and financially excluded population in rural, urban and peri-urban areas of Pakistan.Mission:To effect demonstrable, measurable and lasting improvement in the quality of life of target populations in Pakistan. To achieve this, FMFB-P delivers appropriate financial services as a tool to reduce poverty, diminish the vulnerability of poor populations and alleviate economic and social exclusion. Secondary objectives are sustainability for the institution and financial inclusion for the poor. FMFB will strive to break even as quickly as possible and any surpluses, beyond a reasonable cushion against future shocks, will be reinvested into the business to provide better products and services, improve access, and ultimately lower interest rates. Core ValuesTrust, Respect, Integrity and Professionalism.