11/10/2025
Hunza: Ganish Cooperative Frugal & Credit Society Holds 5th AGM, New Leadership Announced
The 5th Annual General Meeting (AGM) of The Ganish Cooperative Frugal & Credit Society Ltd. was held at Hotel Fairy Garden in Aliabad, Hunza, with active participation from shareholders, employees, and prominent community leaders.
During the session, the management presented the annual progress report, highlighting the Society’s financial performance, ongoing initiatives, and its Corporate Social Responsibility (CSR) contributions to the Hunza community. The Society reaffirmed its commitment to empowering local households and supporting grassroots development through accessible financial services.
Loan & Financial Products Highlighted at the AGM:
The Society currently offers a diverse range of financial services and loan products, including:
Current Account
Frugal Retirement Plan (Pension)
Frugal Sahara Loan
Frugal Eco Tourism Loan
Frugal TDR
Frugal Xap Ghaxap Loan
Frugal Running Finance
Frugal Saving Account
Frugal Sahulat Card
Frugal Kuyochi Hayan
Frugal Short Term Loan
Among these, the Frugal Kuyochi Hayan Loan received special recognition for its transformative impact on community-based projects, helping uplift socio-economic conditions and contribute to Hunza’s ongoing development. Local representatives praised the product for supporting initiatives at the village and collective levels.
Baqir Thaihan, who successfully led the Society as President for the past two years, has concluded his tenure.
The AGM concluded with renewed commitment to community welfare, financial inclusion, and sustainable development across Hunza.