Pakistan Microfinance Investment Company (PMIC) and Opportunity International have signed a Memorandum of Understanding to launch a three-year Education Quality Program. The program will focus on enhancing the quality of education through capacity building and skill enhancement of school owners and teachers, along with provision of school loans. The initiative will facilitate more than 500 teachers and school owners, while benefiting 30,000 children in Southern Punjab.
Speaking on the occasion, Mr. YasirAshfaq, CEO of PMIC iterated the institution’s commitment to provision of financial services to low-cost private schools. PMIC is putting up its resources to improve the managerial capacity of school owners and pedagogical skills of teachers, thereby improving the quality of education in the country.
Mr. Mathieu Fourn, Director of Opportunity Education Finance expressed his gratitude for the support offered by PMIC and shared the plans for implementing such an extensive program.
Ms. Nana Francois, CEO Opportunity International was delighted to be a part of the ceremony and reinforced the ties created between the two institutions because of the partnership. PMIC and OI previously collaborated on a similar initiative, and we are keen to partner once again with a more comprehensive program this time around expressed Ms. Francois. The event was also attended by the CEO of Agahe, RCDP and Taleem Finance Company Limited, who are the implementing partners of PMIC and OI for this program.