About Us

Company Profile

Pakistan Microfinance Investment Company Limited (PMIC) is a national-level apex institution for microfinance providers in the country. PMIC was established as an important pillar of the National Financial Inclusion Strategy formulated by the Government of Pakistan in May 2015. Pakistan Poverty Alleviation Fund, Karandaaz Pakistan (KRN) and KfW development Bank together created PMIC – a partnership driven by passion for progress and a commitment to serving Pakistanis at the bottom of the pyramid.

Mission

Provide financial and institutional services to strengthen and scale-up provision of sustainable and responsible access to finance to individuals, micro-entrepreneurs and micro-enterprises in Pakistan to enhance employment and income opportunity for economically poor and underserved citizens and improve the lives of the poor.

Vision

A Pakistani society where the underserved are empowered.

Strategic Objectives

  1. Create a financially sustainable wholesale organization
  2. Provide innovative and customized support to PMIC investees; develop capacity to access commercial credit markets
  3. Build a robust financial ecosystem for the growth of sustainable microfinance in Pakistan
  4. Ensure compliance with ESG guidelines in the organization
  5. Build a strong professional and innovative organization

Core Values

c1

Respect & Integrity

Ensuring high standards of respect and integrity

c2

Team Work

Working collaboratively with team members

c3

Transparency & Merit

Providing the highest level of transparency to all

c4

Inclusion

Promote inclusion in PMIC and with our borrowers

c5

Passion, Innovation & Creativity

Passionate about PMIC and its agenda to add value to MF sector

Salient Features

null
A commercial (for-profit) structure with the potential to raise funds from local commercial and capital markets, international funds, MIVs, private investors etc
null
Strong supervisory framework with diverse and experienced board and management with experience of working with the retail microfinance sector
null
Ability to provide market based financing to microfinance providers serving micro and small enterprises in Pakistan potentially accompanied by technical assistance
null
Provide Technical Assistance for innovation, renewable energy products, housing finance, creation value chains, mitigation of risks via making policies & environment for microfinance
null
Ensuring access to financial services to women and youth leading to enhanced financial inclusion and inclusive economic growth

Thematic Areas

We focus on empowerment of all segments of society, especially women, which constitutes almost 83% of active clients being served through PMIC’s funding.

We take access to finance to areas where financial inclusion remains low. Almost 65% of PMIC’s funding is deployed in rural areas of Pakistan – through it’s borrowers.

We embrace digital advancements at the institutional level and for clients to facilitate access to finance in an efficient manner.

We harness the potential to create new jobs through micro-enterprises and increase income of poorer sections of the society.