A two-year agreement with financing capacity of up to AFN 330 million will support Islamic financing, small businesses and entrepreneurship.
Ghazanfar Bank and the Microfinance Investment Support Facility for Afghanistan (MISFA) have signed a new two-year cooperation agreement with a total financing capacity of up to AFN 330 million, aimed at expanding access to Islamic financing, supporting small businesses, and promoting entrepreneurship.
This agreement builds on the longstanding cooperation between Ghazanfar Bank and MISFA, through which the Bank has previously facilitated access to loans and financing facilities worth AFN 1 billion for its customers and eligible applicants.
Under the new agreement, MISFA will allocate up to AFN 300 million, while Ghazanfar Bank will contribute tens of millions of Afghanis in supplementary funding to support microfinance initiatives.
These financial resources will be utilized through MISFA and its partner financial institutions to facilitate access to financing services for individuals and small businesses.
This initiative represents a significant step toward fostering entrepreneurship, creating employment opportunities, strengthening domestic production, and contributing to Afghanistan’s economic growth.
Through the provision of modern financial and banking services, Ghazanfar Bank remains committed to supporting the country’s economic growth and development.
