Khushhali Microfinance Bank Limited (KMBL) has won the “Best Turnaround Microfinance Bank” and “Best Housing Finance MFB” awards at the Pakistan Microfinance Network’s 10th Annual Microfinance Conference (AMC‑X), organised with UNIDO under the EU‑funded PAIDAR programme.

The turnaround award reflects KMBL’s recovery in FY2025, moving from a Rs3.6bn loss in FY2024 to a Rs4bn pre‑tax profit, with portfolio risk indicators improving significantly.

The housing finance award highlights KMBL’s 47% growth in borrowers and 56% expansion in its housing portfolio, reaching Rs21bn in disbursements by September 2026. The bank has also actively supported government‑backed housing subsidy schemes, including Mera Pakistan Mera Ghar and Apna Ghar.

CEO Aameer Karachiwalla credited the awards to strategic de‑risking, portfolio diversification, and technology investments that strengthened credit underwriting and recovery.