Khushhali Microfinance Bank has entered into a strategic partnership
with GROWTECH Services - a leading agriculture-technology company operating in
Pakistan. Through this agreement, GROWTECH Services will provide technological
solutions to Khushhali Microfinance Bank, to overcome the agricultural
challenges and to meet the evolving needs of the farmers.
A formal ceremony was recently held in Islamabad, chaired by Mr. Ghalib
Nishtar, for signing the agreement on behalf of Khushhali Microfinance Bank,
while Mr. Shahnawaz Mahmood represented GROWTECH Services. The ceremony was
also attended by many corporate executives of Khushhali Microfinance Bank. The
team of senior leadership representing GROWTECH at the event, comprised of; Mr.
Faisal Bilal, Mr. Abdul Rahan Mahmood and Dr. Tariq Saeed.
GROWTECH is an agriculture technology company working on a
data-driven, scientific basis, led by its own team of experts and agronomists
to remotely guide the farmer-communities, through their analytical advice and
recommendations. GROWTECH has been providing its services to corporate farmers
and individual growers across the country, to achieve more sustainability and
growth. It has also developed an innovative digital Application, named: ‘GrowPak’
for performing multiple functions, such as: Agri-commerce by empowering the
farmers to buy inputs and sell outputs.
Through this collaboration, farmers who are engaged with Khushhali
Microfinance Bank will gain convenient access to state-of-the-art technologies
provided by GROWTECH. The digital platform also provides valuable services
based on remote-sensing, to help resolve critical issues like: agricultural
land fertility, determination of areas infested by pests, crop-health and
nutritional needs. It also recommends more balanced use of fertilizers,
pesticides and supplements to enrich the soil and reduce the input-cost.
GROWTECH will train and equip the Khushhali
Microfinance Bank teams, through a dashboard for remote-monitoring, while also
offering financial-access and lending services to farmers, through the lending
services of KMBL and other banks.
President & CEO of Khushhali Microfinance Bank – Mr. Ghalib
Nishtar stated that: I would like to express my pleasure and gratitude to
GROWTECH for partnering with us in this resourceful initiative for accelerating
national progress. Khushhali Microfinance Bank has a longstanding commitment to
elevate the quality of life for the deprived masses, especially the
agricultural sector which can be a major contributor towards food-security,
internationally. This synergy will deploy the latest technologies, for more
efficient cultivation.
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