International Finance Corporation (IFC)
A member of the World Bank Group, International Finance Corporation (IFC) is the largest global develop ment institution focused exclusively on the private sector. IFC helps developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments.
IFC’s work in more than 100 developing countries and emerging marketing is supporting financial institutions and other private sector organizations to improve corporate governance, environmental performance, job and enterprise creation.
Bank aus Verantwortung (KfW)
KFW is a development bank owned by the German government with its headquarter in Frankfurt, Germany.KFW operates as a promotional bank for the domestic economy and development bank for the developing countries. Since its founding in 1948, KfW has been supporting change and encouraging forward-looking ideas in Germany, Europe and throughout the world.
Acumen was incorporated on April 1, 2001, with seed capital from the Rockefeller Foundation, Cisco Systems Foundation and three individual philanthropists. The organization’s desire was to transform the world of philanthropy by looking at all human beings not as distant strangers, but as members of a single, global community where everyone had the opportunity to build a life of dignity.
Acumen aims to invest in entrepreneurs who have the capability to bring sustainable solutions to big problems of poverty. It has invested in various developing countries including Pakistan in sectors ranging from agriculture, education energy, health, housing to water.
National Rural Support program
Established in 1991 under Section 42 of Companies Ordinance 1984 as not for profit organization, National Rural Support Programme (NSRP; www.nrsp.org.pk) is the largest Rural Support Programme in the country in terms of outreach, staff and development activities. It is also the parent company and major shareholder of NRSP Bank. Institute of Rural Management and Agriculture Processing Company are its entities. NRSP’s mandate is to alleviate poverty by harnessing people’s potential and undertake development activities in Pakistan. It has a presence in 62 districts in all the four Provinces of Pakistan including Azad Jammu and Kashmir (AJK) through its Regional and Field Offices. NRSP is currently working with more than 3 million poor households organized into a network of 190,000 Community Organizations. NRSP is also one of the largest microfinance institutions of the country. With sustained incremental growth, it is emerging as Pakistan’s leading engine for poverty reduction and rural development.