EMERGING ISLAMIC MICRO FINANCE

VISION

POVERTY ALLEVIATION THROUGH

ENTERPRISE DEVELOPMENT

MISSIONTo support the Potential Poor in

Pakistan break out of Poverty cycle by providing them with Need Based borrower friendly credit, Business

development Services and advocating their rights.

SUSTAINABLE ORGANISATION

SUSTAINABLE BORROWER

A BALANCED APPROACH TOWARDS

MICRO FINANCE

ORGANOGRAM

BOARD OF DIRECTORSMr. Mushtaq Pirzada     CHAIRMAN

Dr. Shireen Zaffarullah GENERAL SECRETARY

Dr. Waseem Bano FINANCE SECRETARY

Mrs. Samina Islam MEMBER

Mr. Jawaid Tariq MEMBER

Mr. Raza Toor MEMBER

Mr. Abbas Khan MEMBER

Mrs. Khalil Ramdey MEMBER

Mrs. Naseera Bokhari MEMBER

Dr. Tayyaba Nasreen MEMBER

Eng. Arif Toor MEMBER

Mr. Razi-u-Din MEMBER

*Mrs. Farida Tariq, CHIEF EXECUTIVE OFFICER

EXECUTIVE COMMITTEEDr. Shireen ZaffarullahDr. Waseem Bano Mrs. Samina IslamMr. Abbas Khan Mrs. Farida Tariq

AUDIT COMMITTEEDr. Waseem Bano Mr. Raza Toor, ACAMr. Abbas Khan, FCA

ISLAMIC FINANCE DEVELOPMENT TEAM

SHARIAH ADVISOR : Mufti Iftikhar BaigSYSTEM DEVELOPMENT: Ernst & Young

Ford Rhodes Sidat Hyder & Co

LEGAL CONSULTANT: Saleem & Baig Advocates

OPERATIONAL ADVISORS: CWCD

SHARIAH ADVISOR : Mufti Iftikhar BaigSYSTEM DEVELOPMENT: Ernst & Young

Ford Rhodes Sidat Hyder & Co

LEGAL CONSULTANT: Saleem & Baig Advocates

OPERATIONAL ADVISORS: CWCD

1999&2000

Rs.658,0001 Branch Office

1 District

1999&2000

Rs.658,0001 Branch Office

1 District

2001&2002

Rs.1,753,5001 Branch Office

1 District

2001&2002

Rs.1,753,5001 Branch Office

1 District

2003&2004

Rs.12,583,0002 Branch Offices

1 District

2003&2004

Rs.12,583,0002 Branch Offices

1 DistrictEnterprise Development Facility

IntroducedEnterprise Development Facility

Introduced

2005&2006Rs.122,844,0008 Branch Offices

1 District

2005&2006Rs.122,844,0008 Branch Offices

1 District

2007&2008 (30june)

Rs.172,350,00014 Branch Offices

3 District

2007&2008 (30june)

Rs.172,350,00014 Branch Offices

3 District

Vision 2010Rs.1,000,000,00030 Branch Offices

Punjab

TIME LINE

DISTRICTS BEING SERVED:• Lahore• Sheikhupura• Gujranwala

PERFORMANCE HIGHLIGHTS

Total Clients Served to Date 12,352

Total Beneficiaries 49,408

Total Disbursement to Date Rs. 307,974,400

Outstanding Portfolio (as at June 30, 2008) Rs. 122,945,088

Repayment Rate 98%

Operational Cost (per rupee of Loan Disbursed) Rs. 0.26

Operational Self Sufficiency 100%

BUSINESS SECTORS SERVED Trading - 30% Handicraft / Cottages – 24% Manufacturing Light Engineering Works-15% Services Sector – 9% Retailing – 9% Food Agricultural processing – 8% Live Stock – 5%

HOW WE WORK?TARGET ENTERPRISE:•with a capital volume of less than Rs. 500,000/-

(Avg. Enterprise Capital : Rs. 100,000)

PRODUCT PORTFOLIO:

We Serve POTENTIAL POOR Targeting Business not IndividualNeed Based CreditComparatively larger loan sizeGroup & Individual LendingSocial CollateralFlexible Group size

……..CWCD MICRO FINANCE MODEL

BENEFITS OF ISLAMIC MICRO FINANCE

• Riba Free Operations • Shift of Focus to TRADING MODE• Better Internal Controls• Reduced Misutilization of Money in Non

Productive Activities• Overall Benefits to Economic Environment• More Social Acceptability

Business Development Services

Vision Enhancement SessionsSkill Enhancement CoursesValue addition in Product & ProcessBranding, Packing & PackagingMarketing Linkages & Sales SupportSupply Chain DevelopmentRedesigning of Services OutletParticipation in National, Regional Fairs &International Fairs

Health InsurancePoor Borrowers need Health Insurance so that when they or their family

gets ill their business don’t suffer.

•OUTDOOR PATIENT FACILITY is being provided through health clinics developed alongside CWCD branch offices.•INDOOR PATIENT SERVICE at 14 Listed Hospitals of Takaful Pakistan Up to Rs.35,000/- per annum Limit. (also other hospital on reimbursement basis)

CWCD – TAKAFULHEALTH PROJECT

FUTURE PLANS

•To Practice Real Islamic products like;(Musharka & Mudarba)

•To Develop into a TRADE FACILITATING HOUSE rather than a Lending Institution

•Partnerships with Islamic Financial Institutions•Outreach Expansion

WHY INVEST IN CWCD?

Islamic Mode of OperationsLarge Potential MarketCredit Risk covered through TakafulExcellent Performance RecordInnovation and DevelopmentStrong Social Responsibility Statement

Thank you

148- P, Model Town Extension,Lahore, Pakistan.

Tel: (042) 5167135, (042) 5167658

Fax: (042) 5166954www.cwcd.org.pk

cwcd@cwcd.org.pk