A QUARTERLY UPDATE ON MICROFINANCE OUTREACH IN PAKISTAN

Transcription

1 A QUARTERLY UPDATE ON MICROFINANCE OUTREACH IN PAKISTAN ISSUE 48: Q2 (APR-JUN) 2018 Quarter Change Q Q Units % Number of Branches/Units 3,948 3, Number of Districs Covered Penetration Rate(%) Active Borrowers 6,460,015 6,164, , Gross Loan Portfolio (PKR Millions) 239, ,054 17, Number of Loans Disbursed 1,735,131 1,577, , Disbursements (PKR Millions) 88,947 73,830 15, Average Loan Size(PKR) 51,262 46,815 4, Number of Savers 25,799,503 28,682,924-2,883, Value of Savings (PKR Millions) 209, ,237 19, Average Saving Balance (PKR) 8,112 6,632 1, Number of Policy Holders 8,023,973 7,647, , Sum Insured (PKR Millions) 227, ,513 12, The 2nd quarter of 2018 witnessed a modest increase in outreach. GLP grew by 6.6%, over PKR 239 billion from PKR 224 billion in the previous quarter. The total number of active borrowers increased by 3.6%, reaching 6.4 million with TMFB, Kashf (KF) and FMFB contributing the most to this increase. Akhuwat and KBL remain market leaders in terms of active borrowers and GLP respectively. Akhuwat dominates the market with 15% of the total market share in terms of active borrowers which stood at 965 thousand, while KBL continues to hold 15.6% of the total market share in terms of GLP with an outstanding portfolio of over PKR 37 billion. Additionally, the number of loans disbursed increased by 8.7% during the quarter while the value of disbursements reached PKR 88.9 billion, an increase of 18.7%. This increase was also driven by KBL, with NRSP, TMFB, FINCA and Akhuwat also contributing to the portfolio by recording a sizeable rise in the number of disbursements and their value. In terms of Peer Groups, each managed to sustain their respective market shares of active borrowers and GLP. MFBs continue to dominate the market with 45% of active borrowers and 68% of the GLP while MFIs maintain a 34% share of active borrowers and a 19% share in GLP. Similarly, RSPs also maintained their 18% share in the active borrowers and 11% of GLP. Akhuwat continues to have the largest geographic footprint in the sector with a presence in 85 districts. Female borrowers continued to maintain their dominant share of the sector in terms of active borrowers with 54%, while the GLP attributable to them remains at 36%. The quarter also witnessed a 10% decline in the number of active savers, which fell to 25.8 million from 28.6 million. The decline in the active savers compared to the last quarter was due to a fall in M-Wallets, primarily of TMFB, which witnessed 44% decrease after remaining inactive for a considerable period. Conversely the value of savings increased by 10%, surpassing PKR 209 billion. This surge in savings was led by TMFB with an increase of over PKR 8 billion. Other contributors to this increase were Ubank, FMFB and AMFB which cumulatively added a PKR 6.6 billion. MMFB remained the largest provider of Micro-savings in terms of Active Savers, despite a decrease, with 13.4 million accounts and a market share of 52%, as compared to 13.7 million savers with a market share of 48% previously. KBL also remained the largest provider in terms of value of savings with over PKR 47.6 billion and a market share of 22.8%. Female savers increased to 23% from 21% while holding 16% of the value of savings reported. Policy Holders increased by 1% surpassing 8 million as compared to 7.9 million previously. This increase has led to a rise in the amount insured by 4.8%, crossing PKR 227 billion compared to PKR 217 billion in the last quarter. The policy holders by peer group witnessed a change with the market share of MFIs increasing by 2% at the expense of MFBs which brings the market share of MFIs to 48%, MFBs 35% and RSPs to 17%. MFBs continue to maintain 50% of the total sum insured, MFIs 35% and RSPs 15% during this quarter. The share of Policy Holders attributable to credit life increased by 3%, reaching 54% where as 46% was attributable to health insurance. KF remained the largest provider of micro-insurance in terms of policy holders with 2.3 million, followed by NRSP with 1.1 million and Akhuwat with 965 thousand. KF was also largest provider of Micro-insurance in terms of sum insured with PKR 56.6 billion with KBL and NRSP following behind with PKR 43.5 billion and PKR 31.2 billion respectively. The overall industry penetration increased to 31.5% as compared to 30.4% last quarter indicating an upsurge in outreach. The number of branches for the industry also increased by 2% as Ubank, NRSP-B, Sindh Microfinance Bank (SMFB), Akhuwat and Damen expanded their operations, which took the total to 3,948 branches nationwide. MicroWATCH is a quarterly publication of the Pakistan Micronance Network (PMN). It is made possible by the generous support of the Department for International Development (DFID, through UK-AID), 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). 1

2 DISTRIBUTION OF ACTIVE BORROWERS Top 5 Districts: Greatest Increase in Microcredit Outreach District Active Borrowers (Q2) Growth (Q1 to Q2) Net % 1 Lahore 323,146 22, Sheikhupura 151,927 20, Kasur 152,003 19, Faisalabad 291,169 16, Rahimyar Khan 244,446 15, DISTRIBUTION OF ACTIVE SAVERS Top 5 Districts: Greatest Increase in Savings Outreach District Active Savers (Q2) Growth (Q1 to Q2) Net % 1 Quetta 166,882 64, Bahawalpur 665,916 36, Bhawalnagar 585,208 30, Mirpur Khas 184,604 26, Muzaffargarh 324,197 26, Geographical boundaries for new districts demarcated in 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 MICROCREDIT PROVISION Summary of Microcredit Provision (All Pakistan) Lending Methodology Asset Type Peer Group Total Group Individual MSE Secured Unsecured MFB MFI RSP Other MFPs Number of Branches/Units Q1 3, ,113 1,605 1, Q2 3, ,167 1,667 1, Active Borrowers Q1 6,164,636 2,889,522 3,207,045 68, ,105 5,595,531 2,815,544 2,043,211 1,158, ,937 Q2 6,460,015 2,911,356 3,432, , ,441 5,877,574 2,929,664 2,214,331 1,161, ,917 Gross Loan Portfolio(PKR Millions) Q1 222,054 69, ,231 17,909 27, , ,690 41,168 25,429 3,769 Q2 239,364 71, ,247 17,212 28, , ,532 46,534 26,117 4,180 Portfolio at Risk > 30 days (Percentage) Q Q Average Loan Balance (PKR) Q1 36,021 24,196 41, ,096 48,095 34,790 53,876 20,148 21,941 25,647 Q2 37,053 24,698 43, ,965 49,335 35,836 55,478 21,015 22,494 26,984 Number of Loans Disbursed Q1 1,577, , ,160 17, , , ,890 36,041 Q2 1,735, , ,847 28, , , ,736 34,777 Disbursements (PKR Millions) Q1 73,830 29,635 39,902 4, ,041 17,704 10,494 1,590 Q2 88,947 33,259 50,078 5, ,512 20,904 12,800 1,731 Average Loan Size (PKR) Q1 46,815 39,367 49, , ,030 34,885 33,648 44,104 Q2 51,262 42,799 53, , ,686 37,385 37,787 49,771 Districts with Highest Growth (Net) by Province Province District Active Borrowers (Q2) Growth (Q1toQ2) Potential Microfinance Market Penetration Rate(%) A Net % B (A/B)x100 1 Muzaffarabad 18,266 3, AJK Kotli 14, Poonch 9, Quetta 3, Balochistan Nasirabad 3, Lasbela 1, Gilgit 27, Gilgit-Baltistan Ghizer 14, Skardu 10, Bajaur Agency 7, FATA Khyber Agency 5, Kurram Agency 3, ICT ICT 24, Haripur 22, Khyber-Pakhtunkhwa Abbottabad 15,558 1, Nowshera 12, Lahore 323,146 22, Punjab Faisalabad 291,169 16, Rahimyar Khan 244,446 15, Karachi 232,134 5, Sindh Hyderabad 83,894 6, Sanghar 83,767 9,

4 MICROCREDIT PROVISION 4

5 MICROCREDIT PROVISION 5

6 MICROCREDIT PROVISION MFPs with Largest Net Increase in Active Borrowers MFPs with Largest Percentage Increase in Active Borrowers MFP Increase in Active Borrowers Market Share (% of Active Borrowers) MFP Increase in Active Borrowers Market Share (% of Active Borrowers) Q1 to Q2 Q1 toq2 Net % Net % 1 DAMEN 82, TMFB 40, KASHF 32, FMFB 27, AKHU 26, AMFB 15, POMFB 5, MOJAZ 3, SMFB 4, SVDP 1, Largest Providers of Microcredit (Active Borrowers) Largest Providers of Microcredit (Gross Loan Portfolio) MFP Active Borrowers (Q2) Market Share (% of Active Borrowers) 1 AKHU 965, NRSP 799, KBL 719, TMFB 625, NRSP-B 448, MFP GLP (Q2) Market Share (% of GLP) 1 KBL 37,300,348, TMFB 30,403,897, NRSP-B 23,917,065, FMFB 19,453,016, NRSP 18,893,890, MFPs with Largest Geographic Spread MFP AKHU KBL FMFB KASHF UBANK Geographic Spread (No. of Districts)

7 MICRO-SAVINGS PROVISION Summary of Micro-savings Provision (All Pakistan) Saving Methodology Medium Peer Group Total Intermediation Mobilization Branches M-Wallets MFB MFI RSP Other MFPs Number of Savers Q1 28,682,924 25,505,553 3,177,371 8,404,232 20,278,692 25,505,553-3,177,371 - Q2 25,799,503 22,592,475 3,207,028 9,541,940 16,257,563 22,592,475-3,207,028 - Value of Savings (PKR Millions) Q1 190, ,934 1, ,702 37, ,934-1,302 - Q2 209, ,008 1, ,784 15, ,008-1,290 - Average Saving Balance (PKR Millions) Q1 6,632 7, ,170 1,851 7, Q2 8,112 9, , , Micro-savings Provision by MFPs MFPs offering Savings Saving Methodology Peer Group Total Intermediation Mobilization MFB MFI RSP Other MFPs No. of Reporting MFPs Q Q Saving Methodology: 1. Intermediation: Public deposits used to nance an organization s loan portfolio. Only SBP-regulated 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. 7

8 MICRO-SAVINGS PROVISION Largest Providers of Micro-savings (Value of Savings) MFP Value of Savings (Q2) Market Share (% of Value of Savings) 1 KBL 47,651,791, TMFB 43,874,190, FMFB 24,754,216, NRSP-B 24,459,622, FINCA 21,045,128, Districts with Highest Outreach (Active Savers) MFPs with Largest Increase in Active Savers (Net) District Active Savers (Q2) Increase (Q1 to Q2) Net % MFP Increase in Active Savers (Q1) to (Q2) Net % 1 Lahore 9,806, , Karachi 2,643,697-1,990, Peshawar 728, , Bahawalpur 665,916 36, Bhawalnagar 585,208 30, KBL 82, FINCA 82, FMFB 64, NRSP 42, UBANK 42, MFPs with Largest Increase in Value of Savings (Net) MFP Increase in Value of Savings (Q1 to Q2) Net % 1 TMFB 8,027,546, UBANK 2,645,503, FMFB 2,175,165, AMFB 1,800,671, Largest Providers of Micro-savings (Active Savers) MFP Active Savers (Q2) Market Share (% of Active Savers) 1 MMFB 13,426, TMFB 3,741, NRSP 2,908, KBL 1,861, NRSP-B 993, NRSP-B 1,602,614,

9 MICRO-INSURANCE PROVISION Summary of Micro-insurance Provision (All Pakistan) Type Peer Group Total Health Credit Life MFB MFI RSP Other MFPs Number of Policy Holders Q1 7,647,318 3,615,710 3,961,358 2,965,083 3,345,304 1,316,123 20,808 Q2 8,023,973 3,653,099 4,311,228 2,827,126 3,815,387 1,361,678 19,782 Sum Insured (PKR Millions) Q1 214, ,957 73,683 31, Q2 227, ,703 79,809 33, Micro-insurance Provision by MFPs MFPs offering Insurance Type of Insurance offered Peer Group Total Health Life Other MFB MFI RSP Other MFPs No. of Reporting MFPs Q Q

10 MICRO-INSURANCE PROVISION Districts with Highest Outreach (Policy Holders) Top 5 Districts: Greatest Increase in Micro-Insurance Outreach District Policy Holders (Q2) Increase (Q1 to Q2) Net % 1 Lahore 586, , Faisalabad 472,137 37, Gujranwala 336,751 9, Rahimyar Khan 304, Karachi 301, , District Policy Holders (Q2) Growth (Q1 to Q2) Net % 1 Lahore 586, , Kasur 251,375 67, Rawalpindi 170,408 57, Okara 205,549 55, Sheikhupura 186,607 52, Largest Providers of Micro-Insurance (Policy Holders) Largest Providers of Micro-Insurance (Sum Insured) MFP Policy Holders (Q2) Market Share (% of Policy Holders) 1 KASHF 2,298, NRSP 1,143, AKHU 965, KBL 844, NRSP-B 780, MFP Sum Insured (Q2) Market Share (% of Sum Insured) 1 KASHF 56,655,126, KBL 43,581,848, NRSP 31,288,784, TMFB 30,447,659, FMFB 20,979,761, OUTREACH (All Pakistan) Province Offices Microcredit Micro-Savings Micro-Insurance Potential Microfinance Market Penetration Rate(%) AJK 56-61,359 2,077,337, ,014 3,709,942,823 81,389 2,893,385, Balochistan 22-10, ,699, , ,257,601 12, ,341, , Gilgit-Baltistan 63-58,107 2,098,618, ,879 9,959,536,790 59,344 2,010,578, FATA 19-21, ,483,450 22,879 26,103,421 21, ,483, ICT 32-24, ,157, ,787 11,958,939,665 24, ,703, Khyber-Pakhtunkhwa ,410 5,372,519,476 1,632,931 10,951,964, ,997 4,143,860,401 5,000, Punjab 2, ,858, ,964,408,946 18,375,324 95,942,039,219 6,550, ,516,910,461 12,600, Sindh ,283,670 46,285,869,145 4,484,329 75,866,367,998 1,115,172 37,018,168,110 2,400, GRAND TOTAL 3, ,460, ,364,093,172 25,799, ,298,151,909 8,023, ,360,431,756 20,500,

11 OUTREACH (District Level) BALUCHISTAN Awaran NRSP, ,472 1,361, Barkhan TMFB, ,432, Bolan TMFB, ,885, Chagai ,348 7,965, Dera Bugti TMFB, ,142, Gwadar MMFB, NRSP, POMFB, TMFB, ,497,565 27,412 70,841, ,000 - Jafarabad ,407 15,079, Jhal Magsi TMFB, , Kalat ,147, Kech (Turbat) NRSP, TMFB, ,339 14,892, ,180,000 - Kharan MMFB, Khuzdar ,443 7,407, Kohlu Lasbela KASHF, MMFB, NRSP, TMFB, 5-1,257 26,580,080 49,745 18,525,769 5, ,271,946 - Loralai ,359 12,030, Mastung ,400, Musakhel TMFB, ,158 1,781, Nasirabad FMFB, KBL, UBANK, 3-3, ,079,506 16,344 80,867,910 2, ,322,941 - Nushki TMFB, ,848 4,129, Panjgur NRSP, TMFB, ,463 3,677, Pishin ,475 3,538, Qila Abdullah ,219 6,000, Qila Saifullah ,743, Quetta AKHU, AMFB, FMFB, MMFB, NRSP-B, TMFB, UBANK, 8-3, ,613, , ,572,854 3, ,905,495-11

12 BALUCHISTAN Cont. Sherani TMFB, ,461, Sibi AKHU, ,929,050 2,649 6,070, ,929,050 - Washuk TMFB, , Zhob ,537 7,671, Ziarat , Total 22-10, ,699, , ,257,601 12, ,341, ,000 12

13 OUTREACH (District Level) KHYBER-PAKHTUNKHWA (KP) Abbottabad AKHU, AMFB, FINCA, FMFB, KASHF, KBL, MMFB, POMFB, TMFB, UBANK, 14-15, ,564, , ,868,655 14, ,059,139 - Bannu AKHU, AMFB, 4-4,583 98,518,282 11, ,898,549 4,296 64,827,850 - Batgram AKHU, ,333,844 5,632 8,133, ,333,844 - Buner (Daggar) KBL, 1-1,050 53,210,422 13,573 99,068,093 1,070 54,010,422 - Charsadda AKHU, AMFB, KASHF, KBL, MMFB, NRSP, TMFB, 4-4, ,822,038 45, ,257,157 4, ,793,104 - Chitral AKHU, FMFB, , ,866,847 47,181 1,204,754,631 5, ,141,847 - D.I. Khan AKHU, FMFB, KBL, MMFB, NRSP-B, TMFB, 6-11, ,032,379 62, ,626,050 13, ,970,347 - Hangu ,608 9,280, Haripur AKHU, AMFB, FINCA, FMFB, GBTI, KASHF, KBL, MMFB, NRSP, POMFB, SRSP, TMFB, , ,284,713 69, ,546,070 40, ,290,500 - Karak MMFB, SRSP, TMFB, 1-1,452 10,298,000 12,712 23,856, Kohat AKHU, KBL, MMFB, SRSP, TMFB, 5-6, ,200,137 31, ,561,862 5, ,739,337 - Kohistan AMFB, ,837,851 2,069 30,988, Lakki Marwat AKHU, ,218,600 13,190 30,430, ,218,600 - Lower Dir ,891 29,772, Malakand AKHU, KBL, MMFB, NRSP, TMFB, 3-3, ,978,188 57, ,796,251 3, ,858,188 - Mansehra AKHU, FINCA, KASHF, KBL, 12-11, ,324,123 43, ,326,307 12, ,465,995 - Mardan AKHU, AMFB, FMFB, KASHF, KBL, MMFB, NRSP, TMFB, 11-12, ,442, , ,444,341 12, ,745,573 - Mingora KBL, MMFB, OLP, 1-3, ,446,136 11, ,404,069 4, ,644,581 - Nowshera AKHU, AMFB, FMFB, KASHF, KBL, MMFB, NRSP, SRSP, TMFB, UBANK, 12-12, ,961,742 52, ,043,533 13, ,775,492 - Peshawar AKHU, AMFB, FINCA, KASHF, KBL, MMFB, NRSP-B, OLP, SRSP, TMFB, UBANK, 20-11, ,163, ,069 4,064,515,510 11, ,963,846 - Shangla ,851 15,313, Swabi AKHU, GBTI, KASHF, KBL, MMFB, NRSP, SWWS, TMFB, 9 1 7, ,364, , ,900,503 5, ,370,198 - Swat AKHU, MMFB, NRSP, TMFB, 4-3,447 54,212,039 51,149 66,081,572 3,447 54,212,039 - Tank AKHU, ,439,500 5,451 10,590, ,439,500 - Upper Dir ,412 14,505, Total ,410 5,372,519,476 1,632,931 10,951,964, ,997 4,143,860,401 5,000,000 13

14 OUTREACH (District Level) PUNJAB Attock AKHU, ASA, FINCA, GBTI, KASHF, KBL, MMFB, NRSP, POMFB, TMFB, ,261 2,276,046, , ,912, ,046 3,213,819,021 - Bahawalpur AKHU, AMFB, ASA, FINCA, FMFB, KASHF, KBL, MMFB, NRSP, NRSP-B, TMFB, UBANK, ,627 9,935,595, ,916 4,200,140, ,842 8,210,023,913 - Bhakkar AKHU, AMFB, ASA, FINCA, FMFB, KASHF, KBL, MMFB, NRSP, TMFB, UBANK, ,676 5,092,970, , ,673, ,680 3,823,769,245 - Bhawalnagar AKHU, AMFB, ASA, FINCA, FMFB, KASHF, KBL, MMFB, NRSP, NRSP-B, TMFB, UBANK, ,954 9,814,177, ,208 2,937,264, ,046 7,249,676,659 - Chakwal AKHU, AMFB, ASA, FINCA, FMFB, KASHF, KBL, MMFB, MO, NRSP, POMFB, SVDP, TMFB, UBANK, 95-94,238 2,004,056, , ,671, ,687 2,745,057,451 - Chiniot AKHU, FINCA, FMFB, KASHF, KBL, MMFB, NRSP, TMFB, 20-46,512 1,365,881,345 77, ,094,563 63,256 1,942,346,864 - D.G. Khan AKHU, ASA, CSC, FINCA, FMFB, KASHF, KBL, MMFB, NRSP, OCT, TMFB, UBANK, 34-75,207 3,021,917, ,071 1,281,130,498 93,506 3,529,419,082 - Faisalabad AKHU, AMFB, ASA, DAMEN, FFO, FINCA, FMFB, JWS, KASHF, KBL, MMFB, NRSP, NRSP-B, PRSP, RCDP, TMFB, UBANK, ,169 8,271,204, ,925 1,915,920, ,137 10,199,831,989 - Gujranwala AKHU, AMFB, ASA, DAMEN, FFO, FINCA, FMFB, JWS, KASHF, KBL, MMFB, NRSP, NRSP-B, OCT, OPD, POMFB, RCDP, TMFB, UBANK, ,223 6,984,036, ,809 1,459,649, ,751 9,283,964,135 - Gujrat AKHU, ASA, BRAC, FINCA, FMFB, JWS, KASHF, KBL, MMFB, NRSP, NRSP-B, PRSP, TMFB, UBANK, ,925 3,578,309, ,464 1,316,554, ,056 3,804,820,966 - Hafizabad AKHU, AMFB, ASA, FINCA, FMFB, JWS, KASHF, KBL, MMFB, NRSP, PRSP, TMFB, UBANK, 40-67,762 2,622,353,829 92, ,047,563 76,125 2,784,461,104 - Jhang AKHU, AMFB, ASA, FINCA, FMFB, KASHF, KBL, MMFB, NRSP, NRSP-B, OCT, PRSP, RCDP, TMFB, UBANK, ,360 4,595,475, , ,864, ,743 4,252,702,426 - Jhelum AKHU, AMFB, ASA, FINCA, FMFB, KASHF, KBL, MMFB, NRSP, POMFB, TMFB, UBANK, 58-78,565 1,740,747, , ,903, ,712 3,539,043,033 - Kasur AKHU, AMFB, ASA, CSC, DAMEN, FINCA, FMFB, KASHF, KBL, MMFB, NRSP, NRSP-B, OLP, RCDP, TMFB, UBANK, ,003 5,160,992, , ,691, ,375 5,534,281,729 - Khanewal AGAHE, AKHU, ASA, FINCA, FMFB, KASHF, KBL, MMFB, NRSP-B, PRSP, RCDP, TMFB, UBANK, ,239 4,298,253, , ,312, ,755 3,929,596,424 - Khushab AKHU, AMFB, FINCA, FMFB, KASHF, KBL, MMFB, MO, NRSP, NRSP-B, SVDP, TMFB, UBANK, 53-75,891 2,293,291, , ,472, ,724 3,192,661,259 - Lahore AGAHE, AKHU, AMFB, ASA, BRAC, CSC, DAMEN, FINCA, FMFB, JWS, KASHF, KBL, MMFB, NRSP, NRSP-B, OLP, POMFB, PRSP, RCDP, TMFB, UBANK, ,146 10,147,067,449 9,806,848 30,364,904, ,423 12,991,727,216 - Leyyah AKHU, AMFB, ASA, FINCA, FMFB, KASHF, KBL, MMFB, NRSP, NRSP-B, OCT, PRSP, RCDP, TMFB, UBANK, ,032 6,782,001, ,317 1,119,320, ,432 5,362,922,353 - Lodhran AKHU, AMFB, ASA, FINCA, FMFB, KASHF, KBL, MMFB, NRSP-B, PRSP, TMFB, UBANK, ,799 7,184,262, ,775 1,538,132,862 81,955 3,465,380,368 - Mandi Bahauddin AKHU, AMFB, ASA, FINCA, FMFB, JWS, KASHF, KBL, MMFB, NRSP, PRSP, TMFB, UBANK, 50-74,549 2,506,133,629 89, ,859, ,513 3,401,714,093 - Mianwali AKHU, FINCA, KASHF, KBL, MMFB, NRSP, OCT, TMFB, 47-64,080 1,452,584, , ,150,159 88,357 2,460,449,150 - Multan AKHU, AMFB, ASA, BRAC, FFO, FINCA, FMFB, KASHF, KBL, MMFB, NRSP, NRSP-B, TMFB, UBANK, ,913 8,695,295, ,156 3,133,931, ,449 7,176,701,039 - Muzaffargarh AGAHE, AKHU, ASA, FFO, FINCA, FMFB, KASHF, KBL, MMFB, MOJAZ, NRSP, NRSP-B, PRSP, TMFB, UBANK, ,594 7,352,456, ,197 1,118,209, ,429 5,986,411,685 - Nankana Sahib AKHU, ASA, DAMEN, FFO, FINCA, FMFB, JWS, KASHF, KBL, MMFB, NRSP, OLP, RCDP, TMFB, 53-77,567 2,237,443,034 52, ,536, ,360 2,145,937,630-14

15 PUNJAB Cont. Narowal AKHU, ASA, FINCA, FMFB, JWS, KASHF, KBL, MMFB, MOJAZ, NRSP, PRSP, TMFB, UBANK, 64-84,143 2,318,056,596 76, ,371, ,966 3,146,564,613 - Okara AKHU, AMFB, ASA, CSC, DAMEN, FINCA, FMFB, KASHF, KBL, MMFB, NRSP, NRSP-B, OLP, PRSP, TMFB, UBANK, ,809 6,167,510, ,689 1,552,635, ,549 4,887,403,530 - Pakpattan AKHU, AMFB, ASA, BRAC, FINCA, FMFB, KASHF, KBL, MMFB, NRSP, NRSP-B, PRSP, TMFB, UBANK, 37-76,602 3,828,174, , ,057,084 84,705 2,547,014,538 - Rahimyar Khan AKHU, AMFB, ASA, FINCA, FMFB, KASHF, KBL, MMFB, NRSP, NRSP-B, TMFB, UBANK, ,446 13,307,675, ,919 3,115,319, ,485 9,916,055,829 - Rajanpur AGAHE, AKHU, ASA, FMFB, KASHF, KBL, MMFB, NRSP, OCT, TMFB, UBANK, 36-92,254 3,621,265, ,210 1,273,540, ,815 3,803,292,005 - Rawalpindi AKHU, AMFB, ASA, BRAC, FINCA, FMFB, KASHF, KBL, MMFB, NRSP, NRSP-B, OCT, POMFB, TMFB, UBANK, ,666 3,642,758, ,287 23,088,714, ,408 4,582,740,021 - Sahiwal AKHU, AMFB, ASA, BRAC, DAMEN, FINCA, FMFB, KASHF, KBL, MMFB, NRSP, NRSP-B, PRSP, TMFB, UBANK, ,312 5,178,946, ,019 1,344,880, ,531 5,135,162,727 - Sargodha AKHU, AMFB, FINCA, FMFB, KASHF, KBL, MMFB, NRSP, OLP, PRSP, TMFB, UBANK, ,049 5,424,850, ,192 1,109,345, ,228 7,260,924,547 - Sheikhupura AKHU, AMFB, ASA, DAMEN, FFO, FINCA, FMFB, JWS, KASHF, KBL, MMFB, NRSP, OCT, OLP, PRSP, RCDP, TMFB, UBANK, ,927 4,570,809, , ,300, ,607 3,984,061,752 - Sialkot AKHU, AMFB, ASA, BRAC, FINCA, FMFB, JWS, KASHF, KBL, MMFB, MOJAZ, NRSP, NRSP-B, POMFB, PRSP, RCDP, TMFB, ,924 4,909,102, ,384 1,891,927, ,755 5,407,433,333 - Toba Tek Singh AKHU, AMFB, ASA, DAMEN, FINCA, FMFB, KASHF, KBL, MMFB, NRSP, NRSP-B, PRSP, RCDP, TMFB, UBANK, ,051 4,041,078, , ,418, ,429 4,089,929,540 - Vihari AGAHE, AKHU, AMFB, ASA, FINCA, FMFB, KASHF, KBL, MMFB, NRSP-B, OLP, TMFB, UBANK, ,645 5,541,622, ,416 1,226,180, ,921 4,529,609,189 - Total 2, ,858, ,964,408,946 18,375,324 95,942,039,219 6,550, ,516,910,461 12,600,000 15

16 OUTREACH (District Level) SINDH Badin AKHU, AMRDO, ASA, FMFB, KASHF, KBL, MMFB, NRSP, OCT, POMFB, SMFB, TMF, TMFB, UBANK, 38-52,464 1,477,144, , ,488,367 59,418 1,741,414,548 - Dadu AMFB, ASA, FMFB, KBL, MMFB, OCT, TMF, TMFB, UBANK, 25-52,490 1,384,197,366 49, ,600,085 23, ,177,533 - Ghotki AMFB, ASA, FINCA, FMFB, KBL, MMFB, OCT, SMFB, SRSO, TMFB, UBANK, 24-44,847 1,953,059,674 84, ,025,152 27,864 1,316,096,549 - Hyderabad ADVANS, AKHU, AMFB, ASA, BRAC, FINCA, FMFB, KASHF, KBL, MMFB, NRSP, NRSP-B, OCT, POMFB, SMFB, SSF, TMF, TMFB, UBANK, 71-83,894 2,895,549, ,869 1,970,425,313 91,880 2,958,636,958 - Jacobabad AKHU, FMFB, MMFB, SRSO, TMFB, 6-13, ,514,150 21,362 57,878,660 6, ,685,055 - Jamshoro ASA, MMFB, NRSP, OCT, SMFB, SSF, TMF, TMFB, 17-18, ,919,155 22,481 31,602,247 4,655 1,016,500 - Karachi ADVANS, AKHU, AMFB, ASA, BRAC, FINCA, FMFB, KASHF, KBL, MMFB, NRSP, NRSP-B, OCT, POMFB, SMFB, TMFB, UBANK, ,134 9,086,682,265 2,643,697 61,671,689, ,480 9,844,233,457 - Kashmore FMFB, KBL, UBANK, 5-12, ,829,876 33, ,520,109 6, ,543,960 - Khairpur AKHU, AMFB, ASA, FINCA, FMFB, KASHF, KBL, MMFB, SDS, SMFB, SRSO, TMFB, UBANK, 38-65,952 2,813,669, ,125 1,364,847,536 61,714 2,315,315,342 - Larkana ADVANS, AMFB, ASA, FMFB, KASHF, KBL, MMFB, SRSO, TMFB, UBANK, 32-56,533 2,558,919, ,949 1,442,954,710 56,027 2,410,388,628 - Matyari AMRDO, ASA, FMFB, KASHF, KBL, MMFB, NRSP, NRSP-B, OLP, SMFB, SSF, TMFB, UBANK, 24-38,755 1,325,783,106 42, ,729,997 41, ,216,190 - Mirpur Khas AKHU, AMFB, ASA, FMFB, KASHF, KBL, MMFB, NRSP, OCT, POMFB, SMFB, SSF, TMF, TMFB, UBANK, 43-75,430 2,379,786, , ,558,587 59,069 2,016,767,822 - Naushahro Feroze AMFB, ASA, FMFB, KBL, MMFB, OCT, OLP, SDS, SMFB, SRSO, SSF, TMF, TMFB, UBANK, 37-57,288 2,202,532,919 47, ,471,239 31,304 1,410,707,904 - Nawabshah AMFB, ASA, FINCA, FMFB, KASHF, KBL, MMFB, NRSP-B, OCT, SMFB, SRSO, SSF, SSSF, TMF, TMFB, UBANK, 34-42,773 1,180,687,528 62, ,876,489 27, ,251,894 - Sanghar AMFB, ASA, FMFB, KASHF, KBL, MMFB, OCT, SMFB, SRDO, SSF, TMF, TMFB, UBANK, VDO, ,767 2,557,021,021 53, ,446,990 59,309 1,265,271,837 - Sehwan Sharif AMRDO, MMFB, 4-3,410 72,366, , Shaheed Benazirabad TMFB, UBANK, 5-14, ,315,530 11,002 50,317,539 12, ,716,515 - Shehdad Kot KASHF, KBL, MMFB, SRSO, TMFB, UBANK, 20-30,497 1,246,909,924 46, ,388,193 24, ,041,071 - Shikarpur ASA, FMFB, KBL, MMFB, SRSO, TMFB, UBANK, 10-20, ,710,986 30, ,614,545 13, ,797,029 - Sujawal TMF, UBANK, 3-1,326 24,161, ,200 - Sukkur AKHU, AMFB, ASA, BRAC, FINCA, FMFB, KASHF, KBL, MMFB, NRSP-B, SMFB, SRSO, TMFB, UBANK, 41-72,000 2,909,038,235 96,043 2,217,829,680 51,511 1,762,903,993 - Tando Allahyar AKHU, AMFB, AMRDO, ASA, FINCA, FMFB, KASHF, KBL, MMFB, NRSP, NRSP-B, POMFB, SMFB, SSF, TMF, TMFB, UBANK, 23-31,623 1,165,640,951 98, ,676,960 27, ,553,480 - Tando Jam FMFB, MMFB, SMFB, SSF, 3-3, ,724,951 5,217 34,619,048 2,883 74,766,277 - Tando Muhammad Khan AKHU, AMFB, FMFB, KASHF, KBL, MMFB, NRSP, SMFB, SSF, TMFB, UBANK, 13-15, ,472,978 86, ,327,805 23, ,885,958-16

17 SINDH Cont. Tharparkar AKHU, ASA, FMFB, KBL, MMFB, SMFB, TMF, TMFB, UBANK, 23-53,636 1,863,570,915 55, ,614,863 30,075 1,045,227,639 - Thatta AKHU, ASA, FMFB, KASHF, KBL, MMFB, NRSP, SMFB, SSF, TMFB, UBANK, 25-34, ,232, , ,517,026 31,531 1,100,680,762 - Umer Kot AMFB, ASA, FMFB, KBL, MMFB, NRSP, OCT, POMFB, SMFB, TMF, TMFB, UBANK, 28-72,615 2,357,426,084 66, ,950,616 38,397 1,286,761,011 - Total ,283,670 46,285,869,145 4,484,329 75,866,367,998 1,115,172 37,018,168,110 2,400,000 17

18 OUTREACH (District Level) AZAD JAMMU AND KASHMIR (AJK) Bagh AKHU, KBL, MMFB, NRSP, TMFB, 8-6, ,717,112 79, ,633,244 7, ,302,913 - Bhimber AKHU, MMFB, NRSP, TMFB, 7-4, ,862,392 18,264 28,771,295 2,185 76,995,000 - Kotli AKHU, FINCA, MMFB, NRSP, TMFB, 19-14, ,175,569 91,843 73,585,563 29, ,305,000 - Mirpur AKHU, AMFB, FINCA, KBL, MMFB, NRSP, NRSP-B, TMFB, 5-4, ,342,996 37,228 1,066,301,401 5, ,987,810 - Muzaffarabad AKHU, AMFB, FMFB, KBL, MMFB, NRSP, TMFB, UBANK, 12-18, ,952, ,569 2,340,633,415 17, ,674,289 - Neelum MMFB, NRSP, ,771 1,356, Poonch KBL, MMFB, NRSP, TMFB, 4-9, ,283,134 77,721 73,673,600 14, ,865,513 - Sudhnati AKHU, MMFB, NRSP, TMFB, 1-2,936 91,003,585 31,872 22,988,018 5, ,255,000 - Total 56-61,359 2,077,337, ,014 3,709,942,823 81,389 2,893,385,525 - GILGIT-BALTISTAN (GB) Astore AKHU, FMFB, TMFB, 2-1,838 74,085,199 4, ,513,841 1,838 74,085,199 - Diamer AKHU, NRSP-B, TMFB, ,111,020 1, ,707, ,030,100 - Ghanche AKHU, FMFB, NRSP-B, TMFB, 6-3, ,167,641 10, ,020,519 3, ,269,423 - Ghizer AKHU, FMFB, KBL, 15-14, ,517,916 26, ,444,962 14, ,507,915 - Gilgit AKHU, AMFB, FINCA, FMFB, KBL, MMFB, NRSP-B, TMFB, 29-27, ,424,595 43,760 7,637,202,313 27, ,231,393 - Skardu AKHU, FMFB, MMFB, NRSP-B, TMFB, 9-10, ,312,073 25, ,647,654 11, ,454,681 - Total 63-58,107 2,098,618, ,879 9,959,536,790 59,344 2,010,578,712-18

19 FEDERALLY ADMINISTRATED TRIBAL AREAS (FATA) Bajaur Agency AKHU, 6-7, ,563,100 5,191 10,862,839 7, ,563,100 - Khyber Agency AKHU, 5-5, ,733,900 6,931 4,952,414 5, ,733,900 - Kurram Agency AKHU, 3-3,234 60,058,750 2,142 5,565,774 3,234 60,058,750 - Mohmand Agency AKHU, 2-2,538 41,235,250 3,070 1,771,490 2,538 41,235,250 - North Waziristan Agency AKHU, ,331, ,331,000 - Orakzai Agency AKHU, 2-1,994 36,561, ,994 36,561,450 - South Waziristan Agency MMFB, ,545 2,950, Total 19-21, ,483,450 22,879 26,103,421 21, ,483,450 - ISLAMABAD CAPITAL TERRITORY (ICT) ICT AKHU, AMFB, FINCA, GBTI, KASHF, KBL, MMFB, NRSP, NRSP-B, POMFB, UBANK, 32-24, ,157, ,787 11,958,939,665 24, ,703,746 - Total 32-24, ,157, ,787 11,958,939,665 24, ,703,746-19

20 END NOTES 1,2 The microwatch publication has been updated in the current quarter to include four new indicators. The additional indicators pertain to Islamic microfinance, enterprise lending, asset backed (collateralized) lending and branchless banking. 3 The potential micronance market estimate has been updated by PMN from 27.4 million to 20.5 million. The methodology for the revised figure has been explained in the note Estimating Potential Market Size For Microcredit In Pakistan published by PMN on December 2015 REPORTING ORGANIZATIONS Category MFP Reporting Period Q2 Q1 MFB Microfinance Bank Licensed and prudentially regulated by the State Bank of Pakistan to exclusively service microfinance market Advans Pakistan Microfinance Bank Limited Apna Microfinance Bank Limited FINCA Microfinance Bank Limited Kushhali Microfinance Bank Limited Mobilink Microfinance Bank Limited NRSP Bank Limited Pak-Oman Microfinance Bank Limited Sindh Microfinance Bank Limited Telenor Microfinance Bank Limited The First MicrofinanceBank Limited U Microfinance Bank Limited MFI Microfinace institution providing specialized microfinance services AGAHE Pakistan Akhuwat ASA Pakistan BRAC Pakistan CSC Empowerment and Inclusion Programme DAMEN Support Programme FFO Microfinance Company Islamic Relief Pakistan JWS Pakistan Kashf Foundation Micro Options Support Programme MOJAZ Support Programme Naymet Trust Orangi Pilot Project SAFCO Support Foundation Soon Valley Development Program Wasil Foundation RSP Rural support programme running microfinance operation as part of multi-dimensional rural developement programme Al-Mehran Rural Development Organization Ghazi Barotha Taraqiati Idara National Rural Support Programme Punjab Rural Support Programme Sarhad Rural Support Programme Sindh Rural Support Organization Thardeep Microfinance Foundation Other Organizations running microfinance operations as part of multi-dimension service offering Badbaan Development Community Microfinance Company OPD Support Programme ORIX Leasing Pakistan Limited Rural Community Development Programmes SAATH Microfinance Foundation Pakistan Shadab Rural Development Organization Shah Sachal Sami Foundation Support With Working Solutions Villagers Development Organization 3rd Floor, Plot # 12-C/2, G-8 Markaz, Islamabad Tel: +92 (51) , Fax: +92 (51) info@pmn.org.pk Author: Zeenoor Sohail Sheikh Design & Layout: Pakistan Microfinance Network Copyright June 2018 Pakistan Microfinance Network 20