Buksh Foundation views Microfinance not as charity or just a tool to poverty reduction – it views it as an exciting approach to empowering people as it provides them an opportunity to be active change makers in their own lives rather than being passive recipients. For Buksh Foundation, its client is a partner in its own entrepreneurship development plan.
Going an additional step further, it considers Microfinance as an opportunity to generate real impact investment – solving the social issues of the bottom of the pyramid while generating financial profits.
It sees a huge opportunity to fill the present gap in the microfinance industry by developing an innovative model that brings principles of business and development together to create a sustainable, cost effective and scalable financial services institution serving the bottom of the pyramid. Hence it aspires to be a key player in the impact investment industry, steering capital towards market based solutions to the world’s most pressing challenges, including sustainable agriculture, affordable housing, economical and accessible health care, clean technology and financial services for the BoP.