Islamabad : Mobilink Microfinance Bank Limited (MMBL) has entered a strategic partnership with Rahim & Sons Enterprises, a leading integrated engineering service provider as well as K&S Solar Energy, a reputable alternative energy solutions provider. Through this alliance, MMBL strives to promote the accessibility and affordability of green energy for its customers and contribute to the growth of the renewable energy sector by offering easy financing solutions. This collaboration is a testament to MMBL’s commitment to providing innovative financing solutions to meet the evolving needs of its growing customer base.
MMBL is part of the VEON group, a global digital operator that provides converged connectivity and online services across seven countries. As part of its digital operator strategy, VEON is transforming people’s lives by creating opportunities for increased digital inclusion and by driving economic growth across countries that are home to more than 8% of the world’s population.
By harnessing the robust nationwide presence of Rahim & Sons and K&S, MMBL will be able to expand its reach and assist remote populations to access affordable and adaptable payment plans. This will enable rural Micro, Small, and Medium Enterprises (MSMEs) as well as small-scale farmers to easily install solar panels in their spaces, facilitating their transition to clean energy and helping them manage rising electricity bills and power outages. In addition, low-income farmers will be able to install tube wells in remote locations where power supply is not easily available, promoting agricultural growth in these areas.