Mobilink Microfinance Bank Limited (MMBL), the largest digital bank in Pakistan, has started a School Loan project an innovative initiative aimed at financially empowering all non-state schools – local private schools, school chains, and technical educational institutions – operating in rural, semi-urban, and urban areas to continue delivering quality education.
Educational institutions in the country often lack access to finance for funding essential tasks related to staff development, education quality enhancement, construction or renovation of school buildings, establishment or expansion of labs, purchase of assets such as furniture or computer equipment, and meeting operational requirements.
MMBL’s School Loan, accessible through the bank’s expansive branch network across Pakistan, offers financing of up to PKR 3 million with terms and conditions specifically designed to offer the greatest convenience to educational institutions in meeting their financing needs. Through the School Loan, MMBL aims to facilitate borrowers in continuing to provide access to quality education for children across the country.
