Micro Leasing

Leasing to Micro & Small Enterprises sector (MSE) effectively took a modest start in June 2004 with the setting up of MSE unit in Karachi Zone. Later, the activities were also initiated at other zones and satellite units. With the support and guidance of Management from time to time substantial progress in just a little over one and a half years was achieved in development of the MSE portfolio such that need for a separate Division was realized and an exclusive MSE Division put in place with two separate Zones:

•       MSE South Zone

•       MSE North & Central Zone
  
  From a humble start to a full fledge MSE Division and an ever increasing client base with excellent recovery rate is proof of the sustainability of the operations and the organization's recognition of its social
  responsibility as mentioned in its vision statement too.
  
  Over the past few years development of the MSE sector was emphasized as a tool of poverty alleviation and therefore, economic growth. Therefore, in future, MSE sector will emerge as a significant portfolio of financial industry and there is a need to prepare for the challenges.
  
  We have taken the first step of the long journey and with the initial success we have found a new confidence that will guide us in achieving further milestones.

Innovative Project Fund

 

Lease on Wheels

The MSE Mobile Van was very effective in timely execution of IPF cases pertaining to rural areas of Sindh. It acted as an extended counter and provided door-step services to the farming communities in rural areas of Mityari, Hala, Shadadpur and Golarchi. MSE Hyderabad outreach was enhanced with the induction of the Mobile Van as MSE-IPF leases were provided in ten geographical areas of rural Sindh. 

                                                               

Case Studies

Micro and Small Leasing is both a challenge and a commitment to a cause. The challenge is to deal with small enterprises who have meager financial resources and enable them to build and upgrade their enterprise on sustainable basis. The objective is to cater to the financial requirements of the under served segment of the society. This can only be achieved with a strong commitment which derives its energy from such success stories as unfolded in the succeeding pages.