Pakistan’s biggest virtual bank, Mobilink Microfinance Bank Ltd (MMBL) has partnered with BaKhabar Kissan (BKK), a main agri-tech company that gives advisory offerings to small and medium farmers throughout the country.
Through this strategic alliance, clever virtual economic and agri-tech answers could be provided to MMBL’s developing base of agri-clients to assist farmers identify, investigate and screen crop type, climate and land conditions, cattle, and different key agriculture and environment-associated signs to enhance profits and agricultural produce.
President & CEO MMBL, Ghazanfar Azzam, and CEO BKK, Khizer Alam Khan signed the settlement in Islamabad, with senior officers from each companies in presence.
Under this partnership, MMBL will empower its Agri-debtors the usage of clever virtual economic answers to enhance their agricultural output. This alliance will now no longer simplest enhance virtual economic literacy fees amongst farmers however also, offer them get entry to to round the clock advisory from Agri-professionals on crop control with a focal point on growing yield and profits.
Speaking approximately the partnership, Chief Finance & Digital Officer MMBL, Sardar Mohammad Abubakr said: “The use of optimized virtual economic offerings withinside the agricultural quarter of Pakistan is the want of the hour that has the capacity of offering farmers with higher get entry to to agri-commerce, crop & cattle advisory, climate conditions, and catastrophe control. Through this partnership, MMBL is devoted to strengthening the agri-tech panorama in Pakistan via way of means of digitally permitting our growing agricultural farmers, comprising 63% of MMBL’s general client base.”
Also talking on the occasion, Fuad Imran Khan, Chief Strategy Officer BKK said: “BaKhabar Kissan is thrilled to signal this settlement with MMBL. Farmers are on the the front and middle in all that we do at BaKhabar Kissan. This settlement will move an extended manner toward selling economic inclusion in agriculture which in lots of approaches is the maximum critical, but one of the maximum omitted sectors of our economy. Timely provision of credit score to farmers, especially smallholder farmers is an critical component in making sure suitable farm productiveness and quality. With MMBL, we can pass the needle in agriculture productiveness and make contributions toward a greater wealthy Pakistan.”
The initiative could be provided to MMBL’s agricultural debtors via its expansive community throughout Pakistan to undertake higher and stepped forward agriculture strategies and answers to enhance productiveness and efficiency. MMBL via, Khushhal Kissaan Loan, Passbook Loan, Tractor Loan, Khushhal Kissaan Value Chain, and Livestock Loan is actively operating toward enhancing farmers’ get entry to to finance. With its partnership with BKK, the Bank is devoted to bringing its debtors agri-tech advisory offerings so one can make certain stepped forward profitability via way of means of lowering each yield loss and enter cost.
