Resilience Building of SMEs in Pakistan very important: Asian Development Bank

Karachi, August 30, 2016 (PPI-OT): The Small and Medium Enterprises Development Authority (SMEDA) has arranged a meeting between Asian Development Bank (ADB) and the Union of Small and Medium Enterprises (UNISAME) on 31st August 2016 to discuss Resilience Building of SMEs.

The ADB lead team will visit UNISAME office to discuss technical assistance program for Establishing Sound Micro insurance Markets in Asia and the Pacific. The project aims to develop innovative insurance solutions to increase access to finance for SMEs and secure lives and assets of the SME owners and workers. Currently, they are focusing on value chain of Milk, Wheat, Rice and Potato.

President UNISAME Zulfikar Thaver said we will provide inputs on SME sector in general and Rice in particular. Mr. Rodolfo, Inshan Ali Kanji and Ms. Nasreen Rashid who are consultants to ADB will acquaint UNISAME about the projects in Pakistan.

Thaver said we will seek the opportunity to inform the ADB team of the need for crop insurance and capacity building of the SME farmers and the supply chain for milk, wheat, rice and potatoes from the farm to the markets and the desired support needed.

Thaver who is also the chairman of the working group on capacity building of the technical committee of the National Financial Inclusion Strategy (NFIS) said we are working on the capacity building of the SME farmers and the SME units engaged in agri based industries in the rural areas alongwith SMEDA and hope to achieve the desired results within the timeline of 2020.

For more information, contact:
Union of Small and Medium Enterprises (UNISAME)
75/1 3rd Commercial Street,
Phase IV, D.H.A., Karachi, Pakistan
Tel: +92-21-35884225-6
Fax: +92-21-35380642
Cell: +92-300-8245307, +92-321-8245307

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