Khushhali Bank Limited
     

Founded in the year 2000, Khushhali Bank Limited was a part of the Government of Islamic Republic of Pakistan's Poverty
Reduction Strategy and its Microfinance Sector Development Program (MSDP). MSDP was developed with the facilitation
of Asian Development Bank (ADB). With its headquarters based in Islamabad, Khushhali Bank Limited operates under the
supervision of the State Bank of Pakistan (SBP) and many central (commercial) banks are its shareholders. The mandate
remains to retail microfinance services and to act as a catalyst in stabilizing the country's newly formed microfinance
 sector.
       
  Our Mandate:
      Being a commercial based microfinance institution, our purpose is to:
       
     
    Establish a sustainable platform of financial services to the poor accompanied with retail delivery mechanisms
    Facilitate an environment where microfinance can prosper within Pakistan
   
        Assist the central bank in setting up an appropriate and a responsive framework where microfinance institutions
          operate on sustainable grounds, thereby expanding their outreach to the poor
   
        Promote transparency, financial firmness and high quality governance as leading indicators within country’s
        microfinance sector
       
 The Environment
     

Khushhali Bank operates under the Microfinance Sector Development Program (MSDP) which was initiated by the Government
of Pakistan through a Microfinance Development Policy. MSDP has an important objective – to provide affordable financial
 and social services to the poor, for a significant impact on poverty reduction through:
       
     
    Increased income of poor households
    Enhanced outreach particularly to women
    Build social capital
    Reduce risks faced by the poor
       
     

The MSDP provides an integrated package of policy reforms and most optimum means for institutional development,
 with the objective of outreaching expansion to facilitate growth of the microfinance sector.