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Fatima Group signs MoU with Telenor Microfinance Bank

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Staff Reporter

Karachi

Fatima Group signed a strategic MoU with Telenor Microfinance Bank to promote financial inclusion amongst local farmers in Pakistan. The MoU was recently signed between Ali Mukhtar, Director at Fatima Group and Khurram Malik, Head of Easypaisa at Telenor Microfinance Bank during a special ceremony held here on Monday.
The signing ceremony was attended by top officials from both companies including Director of Marketing & Sales at Fatima Group, Khurram Javed Maqbool, Head of Planning, Capability & Business Integration at Fatima Group, Rashid Asad Saeed, AM of Business integration at Fatima Group, Imran Tariq and Head of Partnerships and Corporate Products, Telenor Microfinance Bank, Umer Shahbaz Khan.
The main purpose of this partnership is to improve the lives of farmers by helping them gain efficiency through enhancing crop yields. Speaking at the occasion, Ali Mukhtar, Director at Fatima Group said, “Currently Pakistan’s agriculture sector is the largest contributor to the nation’s GDP and exports. It also employs more than 40% of Pakistan’s workforce. By providing access to finance, timely information, and accurate guidance, this partnership has the potential to uplift the standard of living for millions of farmers, while significantly improving the country’s agricultural output.

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