The National Rural Support Programme (NRSP) is an integrated rural development

Rural development

Rural development in general denotes economic development and community development actions and initiatives taken to improve the standard of living in non-urban neighbourhoods, remote villages and the countryside...

 organization registered under company's ordinance 1984 with corporate law

Corporate law

Corporate law is the study of how shareholders, directors, employees, creditors, and other stakeholders such as consumers, the community and the environment interact with one another. Corporate law is a part of a broader companies law...

 authority Islamabad

Islamabad

Islamabad is the capital of Pakistan and the tenth largest city in the country. Located within the Islamabad Capital Territory , the population of the city has grown from 100,000 in 1951 to 1.7 million in 2011...

. Its main objective is to improve quality of life of rural people through harnessing their potential to implement various development programmes by themselves. NRSP works through four sectors; the Microfinance

Microfinance

Microfinance is the provision of financial services to low-income clients or solidarity lending groups including consumers and the self-employed, who traditionally lack access to banking and related services....

, Human Recourse Development, Physical Infrastructure & Technology Development and Social Sector Services.

The mission of NRSP Microfinance Bank is to reduce the effects of poverty

Poverty

Poverty is the lack of a certain amount of material possessions or money. Absolute poverty or destitution is inability to afford basic human needs, which commonly includes clean and fresh water, nutrition, health care, education, clothing and shelter. About 1.7 billion people are estimated to live...

 by giving timely access to commercially viable financial products and services to the poor masses of Pakistan

Pakistan

Pakistan , officially the Islamic Republic of Pakistan is a sovereign state in South Asia. It has a coastline along the Arabian Sea and the Gulf of Oman in the south and is bordered by Afghanistan and Iran in the west, India in the east and China in the far northeast. In the north, Tajikistan...

. The NRSP Microfinance Bank headquarter is in South Punjab city of Bahawalpur

Bahawalpur

Bahawalpur , located in the province of Punjab, is the twelfth largest city in Pakistan. The city was once the capital of the former princely state of Bahawalpur. The city was home to various Nawabs and counted as part of the Rajputana states...

.

External links

• NRSP Microfinance Bank Limited
• NRSP Official website
• Institute of Rural Management Official Website
• [Created By:Aqeel Shahzad Memon,Nawabshah]