Poverty Deduction and financial support of small businesses through Microcredit

The Poverty Reduction and Financial Support of Small Businesses through Microcredit is an ongoing project funded by the Pakistan Microfinance Investment Company. With a budget of 534 million, this initiative aims to alleviate poverty in Shaheed Benazirabad by providing financial support to small businesses. The project supports 5700 beneficiaries, including 500 individuals and 1800 group members, helping them establish and grow their businesses. By offering microloans and financial literacy training, the project empowers beneficiaries to achieve economic stability, enhance their livelihoods, and contribute to the local economy.