Islamabad
\nThe largest digital bank of Pakistan, Mobilink Microfinance Bank Limited (MMBL) is ushering in unparalleled enablement for Pakistani traders and merchants by allowing them to book inventory on credit, via their distributor.
\nThe latest offer, being introduced in partnership with AdalFi \u2013 a digital lending fintech \u2013 completely digitizes the banking experience of its business customers, particularly the micro, small, and medium business enterprises by manifold.
\nMMBL is the first and only microfinance institution to offer merchant lending based on credit scoring. Under MMBL\u2019s digital brand DOST, applications for distributors and merchants, retailers can book inventory through MMBL\u2019s seamless digital banking ecosystem through competitive and flexible financing.
\nThis will enable merchants to grow their businesses, besides providing convenience through notifications and options to repay via Inter Bank Fund Transfer (IBFT), or over the counter\/branches.
\nFor more information on this product, please visit https:\/\/mobilinkbank.com\/digital-banking\/Dost-tajir
\nChief Finance and Digital Officer, MMBL Sardar Mohammad Abubakr said: \u201cMSMEs are the key to fostering economic prosperity and enabling a thriving environment for the country\u2019s sustainable development.
\nWe are keen to use digital and financial technology to unlock the full potential of small and medium enterprises to catalyze a socio-economic transformation at the grassroots level.
\nGrowth trends during the pandemic indicate that MSMEs thrive on a digital model and our latest initiative is designed to sustain and further accelerate this growth wave.\u201d
\nSalman Akhtar, CEO of AdalFi said: \u201cWe are delighted to partner with MMBL to enable real-time credit disbursement to MSMEs. Our Digital Lending Platform enables Banks to credit score MSMEs entirely, digitally, and unlock access to credit.
\nThis is the first of several lending products we are planning to launch in collaboration with MMBL.\u201d
\nMMBL has an excellent track record of harnessing the power of digital and financial technology to aid the growth of small and medium businesses across the country.
\nThe bank has an added focus on helping to accelerate the growth of women-owned and led enterprises, in addition to businesses operating across Pakistan\u2019s remote and hard to access regions.
\nThe bank leverages its grand scale digital financial ecosystem to support nationwide economic progress and development through a bottom-up development approach and has showcased enviable results for the past many years.<\/p>\n","protected":false},"excerpt":{"rendered":"
Islamabad The largest digital bank of Pakistan, Mobilink Microfinance Bank Limited (MMBL) is ushering in unparalleled enablement for Pakistani traders and merchants by allowing them to book inventory on credit, via their distributor. The latest offer, being introduced in partnership with AdalFi \u2013 a digital lending fintech \u2013 completely digitizes the banking experience of its […]<\/p>\n","protected":false},"author":2,"featured_media":251203,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[5307,5309,5308,5306,3707],"class_list":{"0":"post-251184","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-book-inventory","9":"tag-digitally","10":"tag-flexible-loans","11":"tag-merchants","12":"tag-mobilink-microfinance-bank"},"yoast_head":"\n