LogosSTAFF REPORT IBD: The Pakistan Poverty Alleviation Fund (PPAF) has joined hands with Telenor Pakistan and Tameer Microfinance Bank to provide financial services to poor and un-banked communities of Baluchistan, Sindh, Khyber Pakhtunkhwa, Skardu (GB), Punjab and Chirah (ICT).

Through this pilot project, services will be provided to select communities in the regions by establishing easypaisa shops, which will provide services that include bill payments, money transfers, donations, international home transfers, withdrawals and deposits through mobile accounts.

In each PPAF community, one easypaisa shop will be set up to cater to their banking needs.  Once the pilot project is completed, it will be replicated nationwide.

“The financial access and inclusion are important aspects to alleviate poverty and this partnership will go a long way to provide banking services to the PPAFs un-banked communities in every nook and corner of the country,” said CEO PPAF Qazi Azmat Isa on the occasion.

CFO Telenor Pakistan, Karl Erik Broten said, “We appreciate that PPAF has partnered with Telenor to provide financial inclusion to its un-banked communities. Only 14 per cent of the people in the country have access to formal financial services and it is imperative that we reach poor communities and increase financial inclusion.”

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