Seminar on Microfinance
Rotary Club of Lahore Sharqi, the club that has the distinction of being the home club of the current District Governor, Rotarian Saeed Shamsi organised a joint meeting seminar on Microfinance yesterday.
DG Saeed Shamsi, DGN Shahzad Ahmed and President Rtn. Asim Qadri
Guest speaker from SMEDA presenting on micofinance
The joint meeting was attended by rotarians from a number of clubs of the District 3270, including The Rotary Club of Lahore Liberty, represented by the President Rtn. Raza Jaffri.
The guest speaker was from SMEDA – Small and Medium Enterprise Development Authority which is described on its website as “Premier institution of the Govt. of Pakistan under Ministry of Industries and Production, SMEDA was established in October 1998 to take on the challenge of developing Small & Medium Enterprises (SMEs) in Pakistan”. The speaker stressed on the need to have proper plans as well as checks and balances in place to obtain desired results from any microfinance project. He likened a microfinance effort to a typical commercial bank’s operation and insisted that only good management can ensure effective and efficient functioning of the project.