Repayment of small loans: Asasah to utilise Telenor, Tameer Microfinance Bank's Easypaisa services

Asasah has become the first NGO and micro-finance institution (MFI) to utilise Telenor Pakistan and Tameer Microfinance Bank's Easypaisa services for repayment of small loans. The facility will significantly reduce the inconvenience for Asasah's clients, who are mostly women, to pay back the loans they take out from the NGO.
Asasah customers, after receiving a loan from any of Tameer Bank's 100 branches will be able to return it through any of the 14,000 Easypaisa agents, present in 600 cities and towns across Pakistan. The announcement was made in a ceremony held here on Friday.
Nadeem Hussain, CEO & President Tameer Microfinance Bank said: "Easypaisa services are a fast growing mobile banking solution. Because our aim is to offer inclusion to the unbanked population, every organisation that uses Easypaisa services helps us with our mission. With Easypaisa, we hope to bring ease and convenience to customers of Asasah." Tabinda Jaffery, CEO Asasah said: "Repayment of loans through Easypaisa agents will prove to be an extremely convenient solution for our clients who are all women.-PR