TFCL recently arranged a Shariah Compliant Product training for all its staff. The focus was on differentiating Islamic financing from conventional financing. The understanding and clarity was developed amongst participants through interactive sessions, including role plays and real-life examples. Further, Diminishing Musharakah, Sale & Lease Back, and Murabaha concepts were elaborated making participants understand the distinction and usability of these in our education finance product offerings. We plan to initiate the conversion to Islamic financing within this quarter for our flagship product Taleem School Sarmaya

During her field visit, our Senior Manager Internal Audit, Ms. Rabia Fida, visited our school clients in Faisalabad to witness the impact TFCL has made over the past year through its purpose driven financing. The quality of portfolio built over the last 12 months and the positive changes in the community were truly inspiring and a testament to the impact of our financial services. Likewise, Education Value Chain (EVC) clients also endorsed the valuable services provided by TFCL for supporting them in continuing the education of their dependents. Lastly, the clients were also cognizant of TFCL's women inclusion and empowerment initiatives.

After participating in very productive 2-day Board and Strategic alignment meetings at Peshawar, the Taleem Finance Management, Directors and friends in the city spent some quality time together exploring the culturally vibrant capital of KPK. It was indeed an experience that would be cherished and remembered by the team for a long time.

"Teams that Iftaar together stay blessed together." Taleem Finance Company organized Iftaar at all it's respective office locations. It was an exciting occasion where employees not only spent quality time together but also especially prayed for their success, which will eventually result in the improvement of education quality in the low and middle cost institutions of Pakistan.

UBS Optimus Foundation team members, Aleandre K. (Education Program Director; London, UK) and Gabriele Guaita (Program Manager - Social Finance; Zurich, Switzerland) visited TFCL head office. A fruitful discussion took place on potential synergies between both the entities and future collaboration opportunities to make impactful changes in the education landscape of Pakistan by providing the much needed financial and non-financial support to this largely untapped yet huge niche.

TFCL celebrated World Women's Day across all its offices and branches to express gratitude to all the professional women who remain stead fast in their determination and inspire us through their commitment to excellence. The teams also resolved to keep up the dedicated efforts in advancing women empowerment and gender equality specially in the education eco system which TFCL is serving.

Taleem Finance's team of Governance, Risk and Compliance (GRC) related professionals recently attended a three day training at Islamabad. The renowned international trainer *Mr Julian Hunn* and the Masterclass focused on latest industry trends. We are confident that this productive training will enable our dedicated team to achieve long-term GRC goals for organizational sustainability.

TFCL’s management keeps striving to enhance its staff productivity to achieve its mission of improving education quality through its customized financial solutions. These are done through organizational development initiatives. Recently, a three day interactive internal technical certification workshop was conducted at Lahore where sales staff from all branches actively participated with an aim to master the effective selling, client relationship building & follow-up and recovery techniques. We congratulate the teammates who successfully got certified and added an achievement feather in their cap. We also recognize the committed efforts of the internal trainers team. Well done, pioneer team of world class education finance providers.

Keeping the customer's convenience & satisfaction in mind, TFCL is now all geared up to offer gold backed lending financial services at easy & customised terms and conditions to the education eco system clients. We have strategically partnered with GoldFin Limited to offer these expedient financial services and aspire to revolutionize access to finance to the education sector through this collaboration.

Members of our Management Team recently attended the Annual Microfinance Conference (AMC 7), which was organized by the Pakistan Microfinance Network (PMN). It was an exciting and thought-provoking event where industry experts got together to share their vision & views on multiple interesting topics. Mr. Kamran Azim (CEO, TFCL) was a speaker at one of the sessions where he shed light on strategies for the achievement of SDG 4 on Quality Education by taking concrete initiatives for removing the barriers to this very basic right. Mr. Muhammad Asif Shamsi (Head Of Operations, TFCL) and Mr. Furrukh Adeel (Head Of Finance & Accounts / Company Secretary, TFCL) also actively participated in this event.

Taleem Finance Company Limited partners with KalPay and LUMS to provide financial solutions to LUMS students & their parents for the management of their semester fee through easy installment plans. TFCL and all associated parties aim to expand the reach of this project in near future by providing this facility to students of many other reputable institutions.

TFCL's management fully endorses a culture of cross learning and ongoing capacity building. An internal, highly interactive 2 day workshop on experience sharing was conducted recently. It was attended by the key team members from all branches and HO. In an all-inclusive discussion, core areas were identified where TFCL can further leverage to convert already well performing teams into more progressive and productive ones. Eventually, resulting in education quality improvement by providing most appropriate financial solutions to the whole education eco system.

It's time to celebrate! Our Multan team reached a significant milestone by building Rs 100 Million Gross Loan Portfolio (GLP) dedicated towards the education eco system in a very short period of time. We appreciate and admire the sincere efforts of every team member. The TFCL family stands committed to its vision of improving education quality & access through customised financial services to ensure every child gets an opportunity for receiving quality education in a conducive environment. May ALLAH help us realize this mission with flying colours.

The representatives of Incofin Investmemt Management consisting of dedicated and accomplished professionals, Mr. Jairo Espejo (Investment Manager), Mr. Alex Jeffery (Investment Manager) and Mr. Bun Heng Nissay (Investment Officer) recently visited the TFCL head office at Lahore. During their interaction with the TFCL management team, they were appreciative of the impact that TFCL has been able to create on the education eco-system in a short span of time especially in addressing the working capital and infrastructure development needs of low and middle cost private schools. TFCL is doing so by offering customised and fast tracked financial solutions. We look forward to partnering with Incofin and working together in the near future to enhance TFCL’s footprint across Pakistan.

The Vitas Group team from Jordan- Mr. Khalid Kabeer (CEO), Mr. Nordyn Yacine (Chief Digital Officer) & Mr. Taylor Mills (Senior Program Manager) recently visited Taleem Finance Company Limited head office at Lahore, Pakistan. Various options were discussed for future collaborations amongst both entities for furthering the cause of Education Financing in Pakistan and globally. TFCL management team - Mr. Kamran Azim (CEO), Mr. Furrukh Adeel (Head Of Finance / Company Secretary), Mr. Muhammad Asif Shamsi (Head Of Operations) and Mr. Salman Akram (Head Of HR & Admin) expressed their gratitude to the Vitas team for their interest in creating an impactful association in the near future.

We are proud and honoured to announce that our CEO, Mr Kamran Azim, FCA was presented with ICAP’s first ever Professional Excellence Award for Leadership. This Business Leader Award is a testament to his 30 year long journey as a professional accountant who defied the norms to not only enter into the development sector but take on operational roles successfully, leading to his latest endeavour of being the CEO of Pakistan’s first and only education finance company. The Taleem team is further energised by this worthy recognition of its leader and will continue to work even harder to ensure every child in Pakistan can get access to quality education.

Taleem Finance opens up a branch office at Faisalabad.

The senior management of Insitor Impact Asia Fund (IIAF) and FMO (Dutch Entrepreneurial Investment Bank) teams recently visited Taleem Finance Company Limited. The guests were given an overview on TFCL’s performance till date and it’s impact on the education eco system. Ms. Micaela Ratini (Partner, Singapore - IIAF), Mr. Arthur Dumas (Director, Singapore - IIAF), Mr. Hammad Umer (Country Head, - IIAF Pakistan), Mr. Christopher Van Der Wilk (Investment Associate - FMO) and Mr. Tom Caspar (Investment Advisor- FMO) appreciated and commended the resilient efforts of the TFCL team in creating opportunities for improving the education quality of Low & Middle Cost Private Schools in Pakistan. Many exciting ideas and options of working together for impactful lending were discussed.

A wonderful memory from the visit by TFCL CEO at the Global Education Finance Conference to the Mountain View school in a small village near Nairobi last month. The pleasure of seeing kids going to schools despite all challenges is the same all around the world.

Taleem Finance recently opened up a new branch office at Wahdat Road, Lahore. Our branch team is fully geared up and well equipped to serve our valuable clients in the education eco system with commitment and passion. We plan to further expand our network rapidly with an aim to achieving the objectives of TFCL’s existence i.e. improvement in education quality through customized financial products.

Education Finance Pioneers in Pakistan, Taleem Finance Company Ltd (TFCL), secures series A funding of USD 2.6 million from Insitor Impact Asia Fund II (IIAF). The Board and Management of TFCL held a ceremony at a local hotel in Lahore to formally welcome their new shareholders IIAF. In addition to the core team of TFCL, industry experts, advisors and bankers of the company, the event was attended by the Country Manager Insitor Mr Hammad Umer and virtually by their Director, Mr Nicholas Lazos who expressed their appreciation for the efforts of the TFCL team in setting a strong foundation for education financing in Pakistan. The founder of Gray Matters Capital, TFCLs seed investor, Mr Bob Pattillo termed this investment by Insitor as a major success for the children of Pakistan who deserve good quality education. The chairman of the TFCL board Mr. Amjad Arbab welcomed the new investors and stated that their entry will be seen as a catalyst to more investments in this untapped segment. In the end the CEO of TFCL Mr. Kamran Azim thanked the Insitor team for their trust and belief in TFCLs mission and assured all stakeholders of creating a highly impactful portfolio in the education eco system to build a brighter future of our nations youth.

After serving the education eco system clients of 8 cities in Central Punjab through its existing network, Taleem Finance is now proudly offering its customized financial solutions to the educational institutions and allied entities of South Punjab through its newly opened branch in Multan. TFCL's motivated team of professionals is all set to be real catalysts for enhancing the quality of education with passion and excellence in all our products & services.