[Karachi: 11th February 2020]: As a part of its corporate social responsibility initiatives, FINCA Microfinance Bank Pakistan participated in this year’s ILMATHON 2020 pledging to sponsor 1 year education of 18 students in collaboration with The Citizens Foundation (TCF).
ILMATHON took place on Sunday, 9th February 2020 in celebration of TCF completing 25 years. The walk for a cause aimed to bring together people of all backgrounds to support TCF’s mission. The walk initiated from Greenwich University, Karachi and finally culminated into a festival (mela).
Speaking of the occasion, Farid Ahmed Khan, acting CEO FINCA Microfinance Bank, Pakistan commented: ‘Enabling & supporting success in Pakistan and providing aid to the underprivileged is FINCA’s main motto. The Citizen’s Foundation has dedicated the last 25 years towards educating our country & FINCA is proud to support this noble mission. There is still a long way to go but we as a company will ensure to participate in every capacity possible. I urge all of Karachi to come & be a part of Ilmathon 2020 and do our part in educating Pakistan. These children are the future of Pakistan – let’s together play our role in creating brighter futures’.
About FINCA Microfinance Bank
FINCA Microfinance Bank Ltd is one of the leading microfinance banks in Pakistan. The bank is part of FINCA Impact Finance, a global network of 20 microfinance institutions and banks that provides socially-responsible financial services and enables low-income individuals and communities to invest in their futures.
FINCA Microfinance Bank is licensed to operate nationwide through a network of 132 branches in 120+ cities. FINCA Microfinance Bank offers a complete suite of products combined and convenient banking services. The bank offers a variety of loan products specifically designed for individuals running micro, small and medium-sized enterprises.
PACRA and JCR-VIS have affirmed FINCA Microfinance Bank Limited, a Long-Term Credit Rating of ‘A’ and a Short-Term credit rating of ‘A1’ with a “Stable” outlook in April 2019 & May 2019 respectively.
About The Citizens Foundation (TCF)
The Citizens Foundation (TCF) is a professionally managed, non-profit organization set up in 1995 by a group of citizens who wanted to bring about positive social change through education. Currently, 25 million Pakistani children are not in school today, placing Pakistan 3rd in world illiteracy rankings. TCF aims to provide quality education to each child of Pakistan. As of today, 252,000 children are studying in 1,567 TCF campuses.