MFI Report

South Asia has one of the largest concentrations of the poor in the world. Nearly a billion people in about 180 million households are constrained to live in abject poverty. Pakistan is no exception where absolute poverty is experienced by about 30% of population with a National poverty line of Rs.670 per capita per month in 1998-99.

GOALS

- Improving the access of the poor to financial services
- Improving quality of life of the poor.
- Developing a Micro Finance Institution (MFI) which is in consonance with the local needs and which can be replicated elsewhere.

OBJECTIVES

- Organizing women, in particular, and men in general into socially viable community groups called Self Help Groups (SHGs).
- Capacity building/training of the organized groups with a view to make them self-reliant.
- Providing Micro Finance services to the poor organized through SHG.
- Creating avenues for self-employment and broadening the scope of opportunities available to the poor.
- Linking Self-Help Groups (SHGs) with other stakeholders, organizations and agencies, which are committed for the uplift of the poor.
- Provision of micro credit services to those poor who are unable to be organized into Self-Help Groups (SHGs)














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