HBL Microfinance Bank, Suparco begin first disbursements under climate-smart agri finance

KARACHI: HBL Microfinance Bank (HBL MfB), in partnership with the Pakistan Space and Upper Atmosphere Research Commission (Suparco), has commenced disbursements under Pakistan’s first climate-smart agri-finance, by using satellite data intelligence, a statement said on Monday.

The initiative represents a major milestone in the country’s journey toward sustainable, technology-driven agriculture.This pilot, previously announced as a pioneering collaboration between HBL MfB and Suparco, uses satellite data intelligence, crop monitoring, and remote-sensing analytics to assess crop health, support risk management, and enable more accurate, and timely agri-credit decisions. With the first loan now disbursed, the partnership moves from planning to impactful execution.

“Agriculture is the backbone of Pakistan’s economy, yet highly vulnerable to climate shocks. By integrating satellite intelligence into agri-financing, we are equipping farmers with the tools to withstand climate risks, improve productivity, and contribute to national food security,” said Amir Khan, president and CEO at HBL Microfinance Bank.

Through Suparco’s remote-sensing capabilities and HBL MfB’s extensive on ground presence, farmers will receive more accurate assessments of land use, crop patterns, and vegetation stress. The partnership enables HBL MfB to extend financing that is smarter, faster, and better aligned with farmers’ real conditions on ground.