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Welcome to Tameer Microfinance Bank
Limited. Our vision is to be Pakistan's first nation
wide, private sector, commercially sustainable
microfinance bank. One of the major enabling factors for
Tameer was the SBP 2001 Microfinance Ordinance
regulating the creation of commercial microfinance
banks.
At
Tameer, we want to commercialize microfinance so that it
is sustainable. If we stop thinking of the poor
as victims and start picturing them as entrepreneurs and
customers, a new potential market arises. Unless
microfinance is financed through commercial sources, it
will remain in the realm of development aid and its
growth will be limited. If commercial capital is
utilized and utilized profitably, growth and thus
poverty alleviation can expand tremendously. In addition
to growth, financial sustainability will allow us to meet our costs and
provide a return to our shareholders. Whilst
improving people's lives, microfinance can become a
valid, profit making business.
With
a network of branches across the country, in areas and
communities where microfinance needs are greatest, we
want to (a) serve our customers with appropriate and
well tested banking services and tailor made products
and (b) we want to be be part of their communities. We
are doing this by formulating and executing an effective
and understanding community relations strategy and by
hiring people from within our the local communities
where we have our branches. We are also using cutting
edge technology in order to streamline and improve our
services and to cut cost.
If
we take the larger picture, microfinance underpins the
achievement of many Millennium Development Goals (MDG)
and plays a key role in many MDG strategies. In days to
come, we hope to become part of this larger picture.
Nadeem Hussain
CEO/President
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