MICROCAPITAL BRIEF: Mobilink Microfinance Offering Loans to “Home-based Restaurants” Using Foodpanda to Take Online Orders, Offer Delivery in Pakistan

Mobilink Microfinance Bank, a Pakistani digital financial services provider, recently initiated a collaboration with foodpanda home chefs, a division of Singapore-based “online food and grocery delivery platform” foodpanda. The objective is to extend weekly microloans of up to PKR 50,000 (USD 247) to home-based restaurant owners in order to “help resolve supply chain, marketing, and food quality issues” thus “empowering