Abstract:
Today, the Pakistan’s economy faces many issues and problems due to energy crises.
Microcredit and microfinance is simply the small amount of loan provided to the individuals to
establish their own small setup or to improve their current business conditions. This microcredit
and microfinance helps them regarding the growth of business and establishing new business in
the market to reduce unemployment.
The main purpose of the microcredit and microfinance institution is to support the poor people
which are living under the line of poverty. The main aim is to change the way of living standards
which directly effects the development and growth of the economy of Pakistan to make it
stronger and to create new business opportunities in the local market. The microfinance and
microcredit institutions help and support the poor people of Pakistan.
Khushhali microfinance Bank focuses on the work task about the development of new policies
and procedures to compete other microfinance and microcredit institutions and participate more
to reduce the unemployment from Pakistan by providing them loan amounts to fulfill their
demands.
