MicroWATCH A QUARTERLY UPDATE ON MICROFINANCE OUTREACH IN PAKISTAN ISSUE 22: QUARTER 4 (OCT-DEC 2011)

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1 MicroWATCH A QUARTERLY UPDATE ON MICROFINANCE OUTREACH IN PAKISTAN ISSUE 22: QUARTER 4 (OCTDEC 211) Qua rte r C ha nge Q4 Q3 Units % 1,739 1, s Covered Penetration Rate (%) ,73,71 2,9,617 17, Gross Loan Portfolio (PKR Millions) 28,845 28, Loans Disbursed 68,55 413,85 195, Disbursements (PKR Millions) 12,856 8,36 4, Average Loan Size (PKR) 21,126 2, ,933,496 3,692,99 24, (PKR Millions) 15,58 12,924 2, Average Saving Balance (PKR) 3,942 3, Policy 2,64,812 2,439,89 164, (PKR Millions) 3,136 28,23 1, The current quarter showed the effects of flooding and heavy rains in Sindh, which resulted in decline in microcredit outreach (by 1%) to 2.7 million. Gross loan portfolio decreased by.4%, from PKR 28.9 billion to PKR 28.8 billion. active borrower outreach decreased by 5% and 3%, for MFBs and RSPs, respectively. Similarly, a 3% and 8% decline in GLP for MFBs and RSPs, respectively, was registered; However, volume of disbursements in the sector increased by 47% compared to the previous quarter, led by RSPs and MFBs. In fourth quarter, volume of group and individual disbursement increased significantly (by 54%) to PKR 9.11 billion and to PKR 3.74 billion, respectively. The quarter saw a decline in male borrowers of 7% largely among RSPs and MFBs; however, females continue to dominate males (at 59%), while holding 46% share in GLP. s with highest growth in borrowers include Gujranwala, Faisalabad, Sargodha and Kasur (Punjab), Karachi (Sindh). Borrower to staff ratio dropped most noticeably for RSPs from 135 to 98 in the current quarter. Overall, sector PAR (>3 days) is 3.3%, increased from 3.% in the previous quarter. Savings also showed an increase, with both savers and value of savings increasing by 7% and 2% respectively as compared to the previous quarter; RSPs and MFBs contributed the most to this increase. FMFBL, TMFBL, KB and KMFB (MFBs) and NRSP (RSP) contributed most to, both, the increase in savers and in value of savings. Women constituted 39% of savers (same as last quarter), and held 21% of value of savings (up from 19%). In other microsavings indicators, share of intermediated deposits grew by 22% for number of savers and 21% for volume this quarter (up to 34% for savers and 9% for volume). s with highest growth in savers include Karachi, Tharparkar in Sindh, Kech(Turbat) in Balochistan and Muzaffarabad in AJK. Microinsurance showed an increase in fourth quarter, in terms of both number of policyholders and sum insured, both showing an increase of 7% each. RSPs and MFBs lead the increase in both policyholders and sum insured, owing largely to an increase both in policyholders and sum insured by NRSP and PRSP (RSPs), KB, FMFBL and NRSPBank (MFBs). Of total policyholders, 33% hold health insurance policies and the remaining 67% hold credit policies. Share of women policyholders remains the same as of last quarter (of 45%) and sum insured of women increased by 6% (48% sum insured for women). In fourth quarter, geographical presence remains to 89 districts. However, net number of outlets has actually increased by six branches, owing to an increase in number of branches in Sind. MicroWATCH is a quarterly publication of the Pakistan Microfinance Network (PMN). It is made possible by the generous support of the Department for International Development (DFID, through UKAID), the Citi Foundation and the Pakistan Poverty Alleviation Fund (PPAF). It is also a result of the efforts of organizations that contributed their data (for citations, see back cover).

2 DISTRIBUTION OF ACTIVE BORROWERS Top 5 s: Greatest Increase in Outreach Growth (1 Oct to 31 Dec) Net % 1 Gujranwala 87,856 7, Karachi 136,49 6, Faisalabad 111,26 5, Sargodha 52,734 5, Kasur 55,253 4, DISTRIBUTION OF ACTIVE SAVERS Top 5 s: Greatest Increase in Savings Outreach Growth (1 Oct to 31 Dec) Net % 1 Karachi 464,188 73, Kech (Turbat) 63,573 25, Malakand 35,358 15, Tharparkar 231,52 1, Muzaffarabad 52,26 7, Geographical boundaries for new districts demarcated in 246 have not been made available by Survey of Pakistan. The following districts are therefore, not shown on the map: Sehwan Sharif, Jamshoro (Dadu); Matyari, Tando Allahyar, Tando Muhammad Khan (Hyderabad); Shedadkot (Larkana); Mingora (Swat); Sherani (Zhob) 2

3 MicroWATCH MICROCREDIT PROVISION Summary of Provision (All Pakistan) Exchange Rate (Dec 211): PKR/USD = 9.1/1 L e nding M ethodology P eer Group Total Group Individual MFB MFI RSP Other MFPs N um ber of Bra nches /Units 211Q3 1, Q4 1, Activ e Borrow e rs 211Q3 2,9,617 1,734,6 356, , , , , Q4 2,73,71 1,614,15 459,56 846, , , ,816 Gros s L oan P ortf olio (P KR M illions ) 211Q3 28,959 21,516 7,443 15,95 5,59 5,798 1, Q4 28,845 19,881 8,965 15,434 6,29 5,329 1,792 P ortf olio at Ris k > 3 days (P ercentage) 211Q Q Av e rage L oan Bala nce (P KR ) 211Q3 13,852 12,48 2,872 17,849 1,124 11,794 1, Q4 13,914 12,318 19,528 18,223 1,77 11,177 11,73 N um ber of L oans Dis burs e d 211Q3 413,85 338,959 74, ,328 14,887 18,54 35, Q4 68,55 473, ,92 295,37 125, ,695 43,562 Dis burs eme nts (P KR M illions ) 211Q3 8,36 5,933 2,427 3,744 2,96 1, Q4 12,856 9,112 3,744 6,871 2,62 2, Av e rage L oan S iz e (P KR ) 211Q3 2,238 17,54 32,74 22,786 19,984 16,968 19, Q4 21,126 19,247 27,713 23,268 2,84 17,513 19,462 s with Highest Growth (Net) by Province P ro v in c e D is tric t P o te n tia l M ic ro f ina nc e Ac tiv e B o rro w e rs Gro w th P e ne tra tio n R a te M a rk e t (31 D e c ) (1 O c t to 31 De c ) (% ) (27) A Net % B (A/B)*1 1 Lasbela 1, , Balochistan Kech (Turbat) ,271 3 Gwadar 182 (4) , Chitral 2, , Khyber 2 Nowshera 9, , Pakhtunkhwa 3 Abbottabad 7, , Gujranwala 87,856 7, , Punjab Faisalabad 111,26 5, ,96, Sargodha 52,734 5, , Karachi 136,49 6, ,329, Sindh Umer Kot 23,284 1, , Tharparkar 17,651 1, , Muzaffarabad 9, AJK Kotli 6, Sudhnati Ghizer 3, GilgitBaltistan Ghanche 491 (53) Astore 612 (73) FATA ICT Islamabad 2, ,

4 MICROCREDIT PROVISION by Peer Group Gross Loan Portfolio 35, ('s) 7% 8% 23% 23% 26% 28% 43% 41% Other MFPs RSP MFI MFB Value (PKR Millions) 3, 25, 2, 15, 1, 5, 6% 6% 2% 18% 19% 22% 55% 54% Other MFPs RSP MFI MFB 211Q3 211Q4 211Q3 211Q4 by Gender Gross Loan Portfolio by Gender 35, ('s) 56% 59% 44% 41% 211Q3 211Q4 Female Male Value (PKR Millions) 3, 25, 2, 15, 1, 5, 43% 46% 57% 54% 211Q3 211Q4 Female Male by Lending Methodology Gross Loan Portfolio by Methodology 35, ('s) 17% 22% 83% 78% 211Q3 211Q4 Individual Group Value (PKR Millions) 3, 25, 2, 15, 1, 5, 26% 31% 74% 69% 211Q3 211Q4 Individual Group by Rural/Urban by Sector Other ('s) 46% 58% 54% 42% 211Q2 211Q3 Rural Urban ('s) 8% 7% % 8% % 9% 7% 7% 35% 38% 15% 15% 27% 23% 211Q3 211Q4 Housing Manufacturing/Produc tion Services Trade Livestock/ Poultry Agriculture 4

5 MicroWATCH MICROCREDIT PROVISION Borrower to MFP Staff Ratio Portfolio at Risk > 3 days to Staff Ratio Q3 211Q4 MFB MFI RSP Other MFPs PAR > 3 days Q3 211Q4 MFPs with Largest Net Increase in Increase in Market Share MFP (% of (1 Oct to 31 Dec) Net % 1 KASHF 25, ASA 11, AKHUWAT 6, BRAC 5, TMFB 5, MFPs with Largest Percentage Increase in Increase in Market Share MFP (% of (1 Oct to 31 Dec) Net % 1 AKHUWAT 6, NRDP JWS 1, KASHF 25, TRDP 3, Largest Providers of ( ) M FP Market S hare (% of ) 1 KB 44, NRSP 329, KASHF 265, ASA 142, FMFBL 139, Largest Providers of (Gross Loan Portfolio) MFP GLP Mark et Share (% of GLP ) 1 TMFB 5,7,421, KB 4,823,723, NRSP 3,74,932, KASHF 2,645,156, FMFBL 2,625,517, MFPs with Largest Geographic Spread MFP KB NRSP FMFBL ASA TMFB Geographic Spread (No. of s)

6 MICROSAVINGS PROVISION Summary of Microsavings Provision (All Pakistan) Saving Methodology P eer Group Total Intermediation Mobilization MFB MFI RSP Other MFPs 211Q3 3,692,99 1,11,776 2,582,133 1,199,12 18,65 2,386,894 88,83 211Q4 3,933,496 1,337,864 2,595,632 1,337,864 15,413 2,491,893 88,326 Value of Saving (P KR Millions ) 211Q3 12,924 11,35 1,574 11,35 4 1, Q4 15,58 13,98 1,6 13,98 4 1, Average Saving Balance 211Q3 3, 1, , Q4 3,942 1, , Microsavings Provision by MFPs M FP s offering Savings Methodology P eer Group Total Savings Intermediation Mobilization MFB MFI RSP Other MFPs No. of Reporting M FP s 211Q Q Saving Methodology: 1. Intermediation: Public deposits used to finance an organization s loan portfolio. Only SBPregulated MFPs (CFIs and MFBs) can accept and intermediate deposits from the general public. 2. Mobilization: MFPs not regulated by SBP (MFIs, NGOs, RSPs) can neither hold nor intermediate deposits from the general public. These organizations do however mobilize savings from their members/clients to place with licensed commercial banks. by Peer Group by Peer Group ('s) 4, 4, 3, 3, 2% 2% 65% 63% 1% 1% 32% 34% 211Q3 211Q4 Other MFPs RSP MFI MFB Value (PKR Millions) 18, 16, 14, 1 1, 8, 6, 4, % 1% % % 12% % 9% 88% 211Q3 211Q4 Other MFPs RSP MFI MFB by Gender by Gender ('s) 4, 4, 3, 3, 39% 39% 61% 61% 211Q3 211Q4 Female Male Value (PKR Millions) 18, 16, 14, 1 1, 8, 6, 4, 21% 19% 79% 81% 211Q3 211Q4 Female Male 6

7 MicroWATCH MICROSAVINGS PROVISION by Saving Methodology by Saving Methodology ('s) 4, 4, 3, 3, 7% 66% 3% 34% 211Q3 211Q4 Mobilization Intermediation Value (PKR Millions) 13, 13, , 1, 12% 13% 87% 88% 211Q2 211Q3 Mobilization Intermediation by Urban/Rural s with Highest Outreach ( ) ('s) 4, 4, 3, 3, 22% 23% 78% 77% 211Q3 211Q4 Urban Rural Dis trict Increas e (1 Oct to 31 Dec) Net % 1 Karachi 464,188 73, Bahawalpur 265,175 4, Tharparkar 231,52 1, Bhawalnagar 219,765 1, D.G. Khan 142,753 6, MFPs with Largest Increase in (Net) M F P In c r e a s e in Ac tiv e S a v e rs ( 1 O c t to 3 1 D e c ) N e t % 1 TMFB 89, NRSP 63, KB 28, TRDP 17, SRSO 17, MFPs with Largest Increase in (Net) M F P In c re a s e in V a lu e o f S a v in g s (1 O c t t o 3 1 D e c ) N e t % 1 TM FB 1,55,471, KB 923,428, FM FBL 339,444, KM FB 247,145, NRSP 16,19, Largest Providers of Microsavings ( ) Largest Providers of Microsavings () M F P Ac t iv e S a v e rs ( 3 1 D e c ) M a r k e t S h a re (% o f Ac t iv e S a v e r s ) MFP Mark et Share (% of ) 1 NRSP 1,89, TMFB 641, TRDP 331, KB 31, PRSP 247, FMFBL 5,919,724, TMFB 4,512,529, KB 1,677,422, NRSP 1,286,71, KMFB 1,141,614,

8 MICROINSURANCE PROVISION Summary of Microinsurance Provision (All Pakistan) Type P eer Group Total Health Credit Life MFB MFI RSP Other MFPs P olicy 211Q3 2,439,89 735,53 1,74, , , , , Q4 2,64, ,25 1,756,67 815,758 65, , ,318 Sum Ins ured (P KR Millions ) 211Q3 28,23 1,563 3,132 12,884 1, Q4 3,136 11,551 3,635 13,223 1,727 Microinsurance Provision by MFPs M FP s offering Type of Ins urance offered P eer Group Total Ins urance Health Life Other MFB MFI RSP Other MFPs No. of Reporting MFP s 211Q Q Policy by Peer Group by Peer Group Policy ('s) 3, 3, 6% 6% 39% 38% 24% 25% 3% 31% 211Q3 211Q4 Other MFPs RSP MFI MFB (PKR Millions) 35, 3, 25, 2, 15, 1, 5, 6% 6% 46% 44% 11% 12% 37% 38% 211Q3 211Q4 Other MFPs RSP MFI MFB Policy by Gender by Gender Policy Holder ('s) 3, 3, 45% 45% 55% 55% 211Q3 211Q4 Female Male (PKR Millions) 35, 3, 25, 2, 15, 1, 5, 47% 48% 53% 52% 211Q3 211Q4 Female Male Policy by Urban/Rural Policy by Type 3, 3, Policy Holder ('s) 3, 5% 51% 5% 49% 211Q3 211Q4 Rural Urban Policy ('s) % % 7% 67% % % 3% 33% 211Q3 211Q4 Other Property Credit Life Agriculture/Liv estock Health 8

9 MicroWATCH MICROINSURANCE PROVISION s with Highest Outreach (Policy ) P olicy Increase (1 Oct to 31 Dec) Net % 1 Lahore 215,67 7, Faisalabad 171,343 8, Karachi 127,679 1, Multan 125,69 11, Rawalpindi 111,567 7, Top 5 s: Greatest Increase in MicroInsurance Outreach P olicy Growth (1 Oct to 31 Dec) Net % 1 Bhawalnagar 61,256 15, Multan 125,69 11, Lodhran 46,528 11, Karachi 127,679 1, Tharparkar 65,61 9, Largest Providers of MicroInsurance (Policy ) Market Share Policy MFP (% of Policy ) Largest Providers of MicroInsurance () Market Share Sum Ins ured M FP (% of Sum Insured) 1 NRSP 644, KASHF 531, KB 346, NRSP Bank 225, TRDP 174, NRSP 9,695,98, KB 4,191,48, PRSP 3,497,363, NRSP Bank 3,377,85, FMFBL 2,969,17, OUTREACH (ALL PAKISTAN) P rovince Offices M icrosavings MicroInsurance P otential P enetration Microfinance Market Rate (%) Gross Loan P olicy Portfolio Balochistan 24 22, ,562,698 86, ,566,659 14,18 153,144,52 1,656, KP 66 77, ,491, , ,279,263 56, ,382,812 4,83, Punjab 1, ,38,718 19,11,411,63 2,175,152 5,812,46,525 1,932,79 23,722,62,715 15,233, Sindh ,463 8,327,518,27 1,196,282 7,447,514, ,414 4,775,168,238 6,357, AJK 31 24, ,154,25 168,1 65,517,22 32, ,286,758 GB 15 9,27 238,458,97 51,182 1,148,452,73 9,27 238,458,97 FATA ICT 7 2,926 31,78,63 14,976 8,863,35 5,112 89,22, 74, Grand Total 1, , 73,71 28, 845,35, 584 3, 933,496 15,57, 654,11 2,64, 812 3,136, 281,995 27, 47,

10 OUTREACH ( Level) BALOCHISTAN Gross Loan Portfolio (PKR) MicroSavings MicroInsurance P olicy P otential Microfinance Mark et Awaran 26,54 Barkhan 31,881 Bolan 66,423 Chagai 1 54,814 Dera Bugti Gwadar Jafarabad Jhal Magsi Kalat Kech (Turbat) Kharan Khuzdar Kohlu Lasbela Loralai Mastung Musakhel Nasirabad Nushki 2 Panjgur Pishin Qila Abdullah Qila Saifullah Quetta Sherani 3 Sibi 43,77 NRSP, POMFB ,775,9 17,152 2,672, ,8, 55,537 BRAC, KB 4 4,921 54,672,685 3,614 43,188, ,911 29,887 53,884 NRSP 1 63,573 1,578,984 92,271 47,948 14,14 26,91 BRAC 4 1,86 19,27,863 2,16 21,6, 84,637 76,879 41,317 27,545 BRAC, KB 2 3, 42,226,38 4 3,926 3,448 44,47,161 75,783 51,74 1, ,112 44,345 AKHUWAT, BRAC, FMFBL, KB 1 11,719 74,861,22 5, ,311,161 4,892 43,768, ,437 48,944 Washuk Zhob 4 Ziarat 53,848 7,268 Total 24 22, , 562, , , 566, , , 144, 52 1, 656, 762 1

11 MicroWATCH OUTREACH ( Level) KHYBERPAKHTUNKHWA (KP) Potential Microfinance MicroSavings MicroInsurance Market Gross Loan Policy Portfolio (PKR) (PKR) (PKR) KB, KMFB, SDF, SRSP, TMFB Abbottabad 5 7,698 94,312,68 14,3 31,682,485 6,541 5,55,261 18,672 Bannu Batgram Buner (Daggar) Charsadda Chitral D.I. Khan Hangu Haripur Karak Kohat Kohistan Lakki Marwat Lower Dir Malakand Mansehra Mardan Mingora 5 Nowshera Peshawar Shangla Swabi Swat 6 Tank 167,38 58, ,171 BRAC, KB, NRSP 4 5,455 37,38,398 12,926 1,264,925 4,51 38,641,84 271,736 FMFBL 5 2,388 62,41,26 22, ,37,475 2,388 62,41,26 84,846 KB 1 3,976 51,21,371 4,877 21,51,816 2,725 39,483,53 221,328 64,648 KB, KMFB, SDF, SRSP 4 7,477 77,1,371 37,522 32,231,986 6,182 61,72,87 13,83 12,174 KB, SRSP 2 6,641 41,17, ,627 2,98 24,266, ,98 73,374 17,55 176,66 KB, NRSP 2 1,716 13,721,864 35,358 26,525,416 1,476 12,412,528 16,429 AKHUWAT, KB, KMFB, POMFB, SDF 5 5,693 56,394,554 23,832 39,137,616 3,963 32,517, ,288 KB, NRSP 13 11,26 97,78,613 36,37 22,918,395 3,782 32,278, ,988 KB 1 1,334 8,739, ,569, ,11,288 AKHUWAT, BRAC, KB, NRSP, SRSP 11 9,865 83,269,71 12,221 45,898,434 1,117 99,865, 21,28 AKHUWAT, BRAC, KB, NRSP, SRSP 9 9,239 54,59,991 7,539 39,798,722 6,18 49,63,91 451, ,366 KB, NRSP, SWWS 3 5,75 51,49,925 26,643 4,682,693 5,96 74,548,999 23,73 NRSP 1 6,757 81, ,555 62,446 Upper Dir 142,427 Total 66 77, ,491, , ,279,263 56, ,382,812 4,83,817 11

12 OUTREACH ( Level) PUNJAB Dis trict Attock Bahawalpur Bhakkar Bhawalnagar Chakwal D.G. Khan Faisalabad Gujranwala 7 Gujrat Hafizabad Jhang Jhelum Kasur Khanewal Khushab Lahore Leyyah Lodhran Mandi Bahauddin Mianwali Multan Muzaffargarh Nankana Sahib 8 Narowal Okara Pakpattan Rahimyar Khan P otential M icrofinance M icrocredit M icrosavings MicroInsurance Branches /Units M ark et M obile Gros s L oan P olicy Sum Ins ured Portfolio KASHF, KB, KMFB, NRSP, POMFB 38 22,681 24,172,23 56, ,734,325 38,57 716,35, ,87 AKHUWAT, ASA, FMFBL, KASHF, KB, NRSP, NRSP Bank, TMFB 26 58,827 1,44,186,24 265,175 41,616,49 86,76 1,24,41, ,777 KB, NRSP 28 28,79 48,43,54 129,334 72,924,87 47,41 969,548, ,453 AKHUWAT, ASA, KB, KMFB, NRSP, NRSP Bank 16 36, ,169,32 219, ,94,516 61,256 95,652, ,843 AKHUWAT, KB, KMFB, NRSP, POMFB 35 13,219 15,468,51 53, ,426,619 2,74 427,85, ,565 AKHUWAT, FMFBL, KB, NRSP, PRSP, TMFB 22 28, ,942, , ,714,332 32,271 68,26, ,252 AKHUWAT, ASA, ASASAH, CWCD, FMFBL, KASHF, KB, KMFB, NRSP, PRSP, RCDS, TMFB ,26 1,85,17,363 86,785 23,92,17 171,343 1,4,775,61 1,96,924 ASA, ASASAH, BRAC, CWCD, FMFBL, JWS, KASHF, KB, KMFB, NRSP, OCT, OLP, PRSP, TMFB 67 87,856 1,447,355,255 45,76 284,136,22 93,35 757,31, ,741 AKHUWAT, BRAC, JWS, KASHF, KB, KMFB, PRSP, TMFB 23 25,535 42,147,339 18,2 234,31,861 34,62 391,295, ,63 JWS, KASHF, KB, PRSP, TMFB 14 14, ,63,586 6,658 27,637,956 16,64 29,835,33 231,17 AKHUWAT, FMFBL, KASHF, KB, KMFB, NRSP, PRSP, TMFB 24 29, ,49,385 3,3 65,973,752 41, ,323,96 626,546 KB, NRSP 25 16, ,12,375 23,463 19,714,893 29,74 629,44,824 17,498 AKHUWAT, ASA, ASASAH, CSC, CWCD, DAMEN, FMFBL, KASHF, KB, KMFB, OLP, PRSP, RCDS, TMFB 36 55, ,58,612 32,157 98,977,245 66,83 64,933, ,427 AKHUWAT, ASA, ASASAH, CWCD, KASHF, KB, KMFB, NRSP, NRSP Bank, PRSP 24 29, ,717,654 28,97 126,738,815 46,346 56,882, ,948 KASHF, KB, NRSP 26 21,69 253,139, ,214 79,815,127 38, ,29, ,163 AKHUWAT, ASA, ASASAH, BRAC, CSC, CWCD, DAMEN, FMFBL, KASHF, KB, KMFB, NRSP, OLP, PRSP, TMFB ,146 2,18,225,867 95, ,648, ,67 1,644,185, ,76 FMFBL, KB, PRSP 5 15, ,329,242 55,538 64,672,873 19, ,319, ,251 AKHUWAT, FMFBL, KASHF, KB, NRSP, NRSP Bank, PRSP, TMFB 15 28,21 517,263,324 6, ,242,211 46,528 67,43, ,693 KASHF, KB, PRSP 4 5,628 55,866,431 1, ,977 11, ,84, ,371 KB, NRSP 29 23, ,288,25 59,58 6,86,713 41,83 98,137, ,413 AKHUWAT, ASASAH, BRAC, CWCD, FMFBL, KASHF, KB, KMFB, NRSP, NRSP Bank, PRSP, TMFB ,46 1,13,851,622 49, ,889, ,69 1,128,763, ,339 AKHUWAT, BRAC, KB, PRSP 7 11,25 144,91,568 25,346 35,281,373 8, ,214,413 57,58 CWCD, DAMEN, RCDS 9 1, ,368,665 2,793 37,59,994 KB, NRDP, OLP, PRSP 1 1, ,62,735 3,82 16,226,147 2,17 451,93, ,92 ASA, ASASAH, DAMEN, FMFBL, KASHF, KB, OLP, PRSP, TMFB 23 3,9 613,488,211 28,49 24,296,357 34, ,635,47 59,842 ASA, ASASAH, BRAC, FMFBL, KASHF, KB, KMFB, NRSP, NRSP Bank, PRSP, TMFB 2 25, ,126,87 32,435 14,389,648 4,4 557,649, ,988 ASA, FMFBL, KASHF, KB, NRSP, NRSP Bank, TMFB 39 53,875 91,552,7 99,84 395,315,498 7,665 1,86,284, ,75 12

13 MicroWATCH OUTREACH ( Level) PUNJAB P otential Microfinance M icrosavings M icroinsurance Mark et Gross L oan P olicy Portfolio Rajanpur AKHUWAT, KB, NRSP, OCT 17 27, ,777,518 11, ,335,186 36, ,97,679 26,436 AKHUWAT, BRAC, FMFBL, KASHF, KB, KMFB, NRSP, OCT, POMFB, TMFB Rawalpindi , ,673,554 97, ,92, ,567 1,133,466, ,457 Sahiwal AKHUWAT, ASA, ASASAH, BRAC, CWCD, FMFBL, KASHF, KB, KMFB, NRSP, NRSP Bank, PRSP, TMFB 34 41,673 54,143,348 4, ,192,579 6, ,894, ,468 Sargodha AKHUWAT, ASA, FMFBL, KASHF, KB, KMFB, NRSP, PRSP, TMFB 35 52,734 66,165,72 4,684 92,645,522 9,24 1,249,338, ,679 Sheikhupura AKHUWAT, BRAC, CWCD, DAMEN, KASHF, KB, OLP, PRSP, RCDS 24 36, ,756,222 5,26 2,669,54 39,164 42,12,12 831,522 Sialkot Toba Tek Singh ASA, BRAC, JWS, KASHF, KB, KMFB, NRSP, OLP, PRSP, TMFB 38 4, ,529,826 17,652 87,139,54 57, ,693,913 51,997 KASHF, KB, NRSP, NRSP Bank, PRSP 1 18, ,333,819 52,68 89,66,938 34, ,99,374 39,316 Vihari AGAHE, ASA, ASASAH, FMFBL, KASHF, KB, KMFB, NRSP, NRSP Bank 21 27, ,849,184 54,517 15,918,454 4, ,99, ,398 Total 1, , 38, , 11, 411, 63 2, 175, 152 5, 812, 46, 525 1, 932, 79 23, 722, 62, , 233, 924 SINDH Badin Dadu 1 Ghotki Dis trict Hyderabad 11 Jacobabad Jamshoro 12 Karachi 13 Khairpur 14 Larkana Matyari 15 Mirpur Khas 16 Naushahro Feroze Nawabshah Sanghar P otential Microfinance MicroSavings MicroInsurance Market Gross Loan P olicy Portfolio (PKR) (PKR) ASA, FMFBL, KB, NRSP, POMFB 15 14, ,456,881 83,453 83,246,439 11, ,882,83 294,781 FMFBL, KB, TRDP 17 18, ,312,26 37,572 58,374,917 48,739 81,286, ,35 ASA, FMFBL, KB, OCT, SRSO 16 22,78 379,24,58 18,939 53,44,32 16,63 234,817, ,442 ASA, BRAC, FMFBL, KB, KMFB, NRSP, OCT, POMFB, TMFB 41 45, ,311,529 43,816 28,184,159 4, ,378, ,652 BRAC, FMFBL, KB, SRSO 5 11, ,972,179 4,89 42,596,77 3,258 47,695, ,146 ASA, BRAC, FMFBL, TRDP 4 4,1 44,458,352 12,159 32,872,325 6,43 34,343,677 ASA, BRAC, FMFBL, KASHF, KB, KMFB, NMFB, NRSP, OCT, OLP, POMFB, TMFB ,49 2,196,57, ,188 6,3,3,47 127,679 1,131,593,553 1,329,99 ASA, FMFBL, KB, OCT, SRSO, TMFB 13 27, ,365,226 1,484 85,48,78 12,552 26,866,479 41,853 ASA, FMFBL, KB, SRSO 16 23,62 319,354,674 2,986 55,643,987 17,1 178,54, ,891 ASA, BRAC, FMFBL, KB, NRSP, NRSP Bank, OCT, SAFWCO, SRSO, TMFB 25 29, ,568,947 29,973 61,178,966 23,948 32,96,82 ASA, FMFBL, KB, NRSP, POMFB, TMFB, TRDP 27 23,58 361,622,329 61,181 52,838,945 17,332 28,696,932 21,494 ASA, FMFBL, KB, OCT 9 14, ,477,319 1,857 6,759,34 4,271 76,574, ,462 ASA, FMFBL, KB, KMFB, NRSP, NRSP Bank, OCT, SAFWCO, SRSO, TMFB 25 3,287 52,613,477 19,626 57,875,955 19,279 18,795, ,43 ASA, FMFBL, KB, OCT, OLP, SAFWCO ,687 42,983,738 1,173 6,15,629 25,32 135,136, ,133 13

14 OUTREACH ( Level) SINDH Gross Loan Portfolio (PKR) MicroSavings (PKR) MicroInsurance Policy (PKR) Potential Microfinance Market Sehwan Sharif Shehdad Kot FMFBL, KB 2 5,47 71,285,828 6,836 11,729,692 5,42 71,223,24 Shikarpur ASA, FMFBL, KB, SRSO 13 9, ,342,179 1, ,8 3,93 38,29, ,633 Sukkur ASA, BRAC, FMFBL, KB, SRSO, TMFB 19 25, ,,58 12,613 66,975,931 17,875 26,611, ,8 Tando Allahyar 17 ASA, BRAC, FMFBL, KB, NRSP, NRSP Bank, POMFB, SRSO, TMFB 16 18, ,464,936 23,127 51,695,264 13, ,259,861 Tando Jam ASA, FMFBL, TMFB 3 2,378 54,352,44 2,212 28,689,969 1,534 35,938,736 Tando FMFBL, KB, NRSP, POMFB, TMFB Muhammad Khan 5 8,46 162,164,338 14,596 5,625,126 5,23 15,338,223 Tharparkar ASA, FMFBL, KB, TRDP 18 17, ,176, ,52 135,375,211 65,61 83,419, ,491 Thatta ASA, FMFBL, KB, NRSP 18 8,98 118,179,69 35,41 12,448,663 3,99 84,63, ,46 Umer Kot ASA, FMFBL, OCT, TRDP 31 23,284 26,28,62 59,669 75,566,398 63,721 56,84,91 185,966 Total ,463 8,327,518,27 1,196,282 7,447,514, ,414 4,775,168,238 6,357,795 AZAD JAMMU AND KASHMIR (AJK) P otential Microfinance Dis trict MicroSavings MicroInsurance Market 18 Gros s L oan P olicy Sum Ins ured Portfolio (PKR) KB, NRSP, OCT Bagh 4 5,441 45,58,733 3,822 15,891,17 7,454 13,219,144 Bhimber Kotli Mirpur Muzaffarabad NRSP 12 6,351 55,317,557 36,995 5,481,374 12,72 285,795, FMFBL, KB, NRSP, SDF 1 9,434 83,956,443 52,26 17,969,315 8, ,775,447 Neelum Poonch Sudhnati NRSP ,842,442 1,693 1,96, ,235, KB, NRSP 3 3,14 35,979,3 37,33 24,215,62 3,175 28,262,167 Total 31 24, , 154, , 1 65, 517,22 32, , 286,

15 MicroWATCH OUTREACH ( Level) GILGITBALTISTAN (GB) Potential Microfinance MicroSavings MicroInsurance Market Gross Loan Policy Portfolio (PKR) (PKR) (PKR) Astore FMFBL ,838,18 2,778 79,192, ,838,18 Diamer Ghanche FMFBL ,9,961 4, ,51, ,9,961 Ghizer FMFBL 5 3,36 77,94,194 16,674 27,24,681 3,36 77,94,194 Gilgit FMFBL 4 1,79 55,398,718 18, ,178,4 1,79 55,398,718 Skardu FMFBL 4 3,152 68,191,79 8,73 152,33,526 3,152 68,191,79 Total 15 9,27 238,458,97 51,182 1,148,452,73 9,27 238,458,97 FEDERALLY ADMINISTRATED TRIBAL AREAS (FATA) Dis trict Bajaur Khyber Kurram Mohmand North Waziristan Orakzai Gross Loan P ortfolio (PKR) MicroSavings MicroInsurance P olicy P otential Microfinance Mark et 2 South Waziristan Total ISLAMABAD CAPITAL TERRITORY (ICT) P otential Microfinance Dis trict MicroSavings MicroInsurance Market Gross Loan P olicy P ortfolio (PKR) NRSP, POMFB Islamabad 7 2,926 31,78,63 14,976 8,863,35 5,112 89,22, 74,75 15

16 END NOTES 1 Chagai district was divided into two districts (Nushki and Chagai) in 25. The potential microfinance market estimate for Chagai is therefore an overestimation (aggregate of potential markets for Nushki and Chagai). 2 Population data for Nushki district is not available. Nushki was carved out of Chagai district in 25. Thus, the potential microfinance market estimate for Chagai is an aggregate of the potential market for Chagai and Nushki. 3 Population data for Sherani district is not available, Sherani was carved out of Zhob district in Zhob was divided into two districts (Zhob and Sherani) in 25, The potential microfinance market estimate for Zhob is therefore an overestimation (aggregate of potential markets for Zhob and Sherani). 5 Population data for Mingora district is not available. Mingora was carved out of Swat district in 25. Thus, the potential microfinance market estimate for the district of Swat is an aggregate of the potential market for Mingora and Swat. 6 Swat district was divided into two districts (Swat and Mingora) in 25. The potential market estimate for Swat is therefore an overestimation (aggregate of potential markets for Mingora and Swat). The estimate is based on 1998 DCR population data available for Swat. 7 OCT does not provide retail microcredit services in Gujranwala and Khushab. It wholesales funds to partner organizations: Mehran Education Welfare Society, and Soan Valley Development Program, respectively. 8 Population data for the district of Nankana Sahib is not available. The district was carved out of Sheikhupura district in 25. Thus, the estimate for the district of Sheikhupura is an aggregate of the potential market for Sheikhupura and Nankana Sahib (based on 1998 DCR population data available for Sheikhupura). 9 OCT does not provide retail microcredit services in Rawalpindi. It wholesales funds to a partner organization: Alfalah Development Organization. 1 OCT does not provide retail microcredit services in Dadu. It wholesales funds to a partner organization: Soofi Shah Inayat Shaheed Sanghat. 11 Hyderabad district was divided into four districts in 26. These are Hyderabad, Matyari, Tando Muhammad Khan, and Tando Allahyar. Thus, the potential microfinance market estimate for Hyderabad is an aggregate of all four resulting districts (based on 1998 DCR population data available for Hyderabad). 12 Population data for Jamshoro district is not available. The district is new and was carved out of Dadu district in 26. Thus, the estimate for Dadu also includes the estimate for the recently created Jamshoro district. 13 The market estimate for Karachi is the aggregate of four districts namely, Central, West, East, and South. 14 OCT does not provide retail microcredit services in Khairpur. It wholesales funds to partner organizations: Khaiji Cooperative Society, Goth Seenghar, and Marvi Rural Development Organization. 15 Population data for Matyari district is not available. The district was carved out of Hyderabad district in 26. Thus, the estimate for Hyderabad also includes the estimate for the recently created Matyari district. 16 OCT does not provide retail microcredit services in Mirpur Khas, Nawabshah, Naushahro Feroze, Thatta and Umer Kot. It wholesales funds to a number of partner organizations: Sindh Rural Partner Organization; Shah Sachal Sami Welfare Association; Village Welfare Society; Sindh Community Development Organization; Ghulam Qadir Group; and Shama Roshan Social Welfare Development Organization, respectively. 17 Population data for districts Tando Allahyar and Tando Muhammad Khan is not available. The districts were carved out of Hyderabad district in 26. Thus, the microfinance market estimate for Hyderabad is an aggregate of the potential markets in the recently created Tando Allahyar, Matyari and Tando Muhammad Khan districts. 18 Due to unavailability of population data for the Azad Jammu and Kashmir (AJK) districts, the potential microfinance market could not be estimated. 19 Due to unavailability of population data for GilgitBaltistan (GB) the potential microfinance market could not be estimated. 2 Due to unavailability of population data for the Federally Administered Tribal Areas (FATA), the potential microfinance market could not be estimated. REPORTING ORGANIZATIONS Category MFB Microfinance Bank licensed and prudentially regulated by the State Bank of Pakistan to exclusively service microfinance market Reporting P eriod Kashf Microfinance Bank (KMFB) Khushhali Bank (KB) National Rural Support Programme Bank Ltd. (NRSP Bank) Network MicroFinance Bank Ltd. (NMFB) PakOman Microfinance Bank Ltd. (POMFB) Rozgar Microfinance Bank Ltd. (RMFB) Tameer Microfinance Bank Ltd. (TMFB) The First MicroFinanceBank Ltd. (FMFB) MFI Akhuwat Microfinance institution providing ASA Pakistan specialized microfinance services Asasah Centre for Women Cooperative Development (CWCD) Community Support Concern (CSC) Development Action for Mobilization and Emancipation (DAMEN) Kashf Foundation Orangi Charitable Trust (OCT) Sindh Agricultural and Forestry Workers' Coordinating Organization (SAFWCO) RSP National Rural Support Programme (NRSP) Rural support programme running microfinance operation as part of multidimensional rural development Punjab Rural Support Programme (PRSP) Sarhad Rural Support Programme (SRSP) Sindh Rural Support Organization (SRSO) Thardeep Rural Development Programme (TRDP) programme Others Association for Gender Awareness and Human Empowerment (AGAHE) Organizations running microfinance BRAC Pakistan operations as part of multidimensional Jinnah Welfare Society (JWS) service offering Narowal Rural Development Programme (NRDP) Organization for Participatory Development (OPD) Rural Community Development Society (RCDS) Sungi Development Foundation (SDF) Support With Working Solutions (SWWS) ORIX Leasing Pakistan Ltd. (OLP) MFP Author: Syed Muhammad Ali Design & Layout: Pakistan Microfinance Network Printed at: The Mass Company Printers Copyright Mar 212 Pakistan Microfinance Network 132, St 4, F 1/4, Islamabad, Pakistan Tel: +92 (51) , Fax: +92 (51) info@pmn.org.pk 16