PMIC signs a risk-sharing agreement with DFC

Date: July 11, 2024

Pakistan Microfinance Investment Company (PMIC) and the U.S. International Development Finance Corporation (DFC) signed a Loan Portfolio Guaranty Agreement aimed at enhancing financial inclusion and economic growth in Pakistan.

This strategic partnership provides a loan portfolio guaranty of up to USD 30 Million (with 50% risk sharing), which will focus on empowering women entrepreneurs, enterprises, and initiatives in renewable energy, agriculture, and livestock sectors.