Reference Material
The Pakistan Microfinance Network (PMN) is a network of organizations engaged in microfinance and dedicated to improving the outreach and sustainability of microfinance services in Pakistan.
Compared to some other countries, the microfinance sector in Pakistan is still in its initial stages of development. Estimates suggest that as many as 5.6 million households in Pakistan need microfinance services, but services reach only a tiny fraction of this population, probably less than one percent. If microfinance is to achieve its potential and serve a larger share of the microfinance market, practitioners must improve their programmes. The PMN in an effort to address these issues has become increasingly active since 1999. The network has been able to establish its membership, activities, and credibility. It has built greater awareness among policymakers, launched comprehensive capacity building initiatives, and established standards and benchmarks for transparency in microfinance institutions (MFIs).