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Development Finance

In: Social Issues

Submitted By mmubasharali
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DEVELOPMENT FINANCE & ITS ROLE IN RURAL AREAS TO ALLEVIATE POVERTY
2010
M. MOBASHAR ALI & RANA RASHID REHMAN
STATE BANK OF PAKISTAN-BANKING SERVICES CORPORATION SIALKOT
9/3/2010

Contents INTRODUCTION 4 LITRATURE REVIEW 4 REVIEW OF POVERTY IN PAKISTAN 6 SBP INITIATIVES IN TO PROMOTE DEVELOPMENT FINANCE 8 ESTABLISHMENT OF DEVELOPMENT FINANCE GROUP 8 ESTABLISHMENT OF AGRICULTURE FINANCE DIVISION 9 PUBLIC AWARENESS PROGRAMS 10 DEVELOPMENT FINANCE PROGRAMS CURRENTLY IN OPERATION 11 NONGOVERNMENTAL ORGANIZATIONS (NGOs) 11 RURAL SUPPORT PROGRAM (RSP) 11 AGA KHAN RURAL SUPPORT PROGRAM (AKRSP) 11 SARHAD RURAL SUPPORT PROGRAM 12 NATIONAL RURAL SUPPORT PROGRAM (NRSP) 12 ROLE IN POVERTY ALLEVIATION 12 TRANSMISSION MECHANISM OF FINANCE TO POVERTY ALLEVIATION 14 DEVELOPMENT FINANCE SUCCESS STORIES 15 CONCLUSION 16 BIBLIOGRAPHY 17

Figure 1 8 Figure 2 10 Figure 3 10 Figure 4 13

Table 1 7 Table 2 7 Table 3 9 Table 4 10 Table 5 13

INTRODUCTION
Development Finance is the offering of financial services to the entrepreneurial poor that contributes finally to the economic growth. Although the most notable of these services is the provision of credit, many other offerings are a part of Development Finance including credit for business activities and credit for emergency and for the fulfillment of life cycle needs. Many Development Financial Institutions (DFIs) give finance for to the persons that contribute to the development of economy. For this purpose these DFIs facilitates poor for savings and deposits and a source of funding which is crucial for DFIs to promote their sustainability, decrease their dependence on donor money, and strengthen their resilience. While Development Finance Institutions were originally conceived to target the entrepreneurs that have…...

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