United Bank Limited (UBL) and Pakistan Poverty Alleviation Fund (PPAF) signed an MoU to complement the roles of the organizations under Growth for Rural Advancement and Sustainable Progress (GRASP) initiative.
GRASP intuitive focuses the underserved areas of Sindh and Baluchistan Provinces. Both the entities, through the institutional understanding and strategy, will combine their potentials to synergize efforts for fast tracked development of Micro, Small & Medium Enterprises (MSMEs) engaged in the horticulture and livestock sectors, to increase their capacity and competitiveness.
UBL and PPAF have agreed to formalize their collaborative efforts by identifying areas of common interest, i.e. access to finance, business development and social mobilization, for the development of Micro, Small & Medium Enterprises (MSMEs) and advancement Rural populace.
