Pakistan, Aug. 22 -- The International Finance Corporation (IFC), a member of the World Bank Group, has announced an investment of $10 million in ASA Microfinance Bank (Pakistan) Limited (ASA MFB) in the form of a four-year loan aimed at expanding access to finance for women microfinance borrowers, and supporting private sector growth in Pakistan.

The loan will be used by ASA MFB to enhance its on-lending toward women entrepreneurs and microbusinesses across Pakistan. IFC's four-year financing will offer liquidity stability to ASA MFB to serve more clients, as the bank continues to expand and strengthen its operations.

IFC's investment is supported by the International Development Association Private Sector Window (IDA PSW) Blended Fina...