Record of Approval on an Absence of Objection Basis on September 17, 2026
Overview & Synopsis
The Board of Directors approved an investment in Pakistan for the Pakistan Microfinance Investment Company Limited for the PMICL RPF Project, consisting of an unfunded Risk Participation Facility (RPF) to Pakistan Microfinance Investment Company Limited (PMICL) under which International Finance Corporation (IFC) will share credit risk on a portfolio of loans to be extended by PMICL to microfinance providers (MFPs), supported by a first loss guarantee under the Climate Adaptation and Innovation Investment Facility for Pakistan (CIFPAK) Program with IFC serving as the Implementing Entity, with the objective of strengthening access to finance for microfinance providers and supporting climate adaptation and innovation goals in Pakistan.
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Document Information
| Document Title | Record of Approval on an Absence of Objection Basis on September 17, 2026 |
|---|---|
| Author / Organization | World Bank |
| Subject & Discipline | Minutes |
| Categories | Economics & Development |
| Publication Year | 2026 |
| License / Rights | Creative Commons Attribution 4.0 (CC BY 4.0) |
| Resource Verification | Listed PDF (Verification Pending) |
| Original Host Website |
World Bank Documents & Reports
(documents.worldbank.org)
|
| File Format | application/pdf (Portable Document Format) |
| Language | EN |
| Catalog ID | DOC-13934 |
| Original Source Link | Visit Source Page on documents.worldbank.org » |