Pakistan > Asasah, a partner of Save the Children
About the Field Partner
About the Field Partner
| Field Partner: | Asasah, a partner of Save the Children |
|---|---|
| Field Partner Risk Rating: | |
| Time On Kiva: | 27 months |
| Kiva Entrepreneurs: | 9322 |
| Total Loans: | $2,113,125 |
| Delinquency Rate: | 57.47% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| See all loans from this field partner >> |
Kiva Fundraising Status
Kiva Fundraising Status
| Fundraising Status: | Active |
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See all fundraising loans from this field partner >>
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Other Information Sources
Other Information Sources
Status Update - September 16, 2009:
Asasah’s current high delinquency is the result of difficulties in transferring funds out of Pakistan. The organization is working with the State Bank of Pakistan to sort out this issue and is providing regular updates to Kiva on its progress. Kiva will be sure to update this page as we learn more, and all funds received from Asasah will be applied to delinquent loans upon receipt.
Partner Description
Asasah is one of the fastest growing microfinance institutions in Pakistan working to provide financial services to households of micro-entrepreneurs. The word "Asasah" literally translates to assets from the Urdu language and the vision for this MFI is to enhance micro-productivity and eradicate poverty. Professionals committed to providing financial services to poor, an organization pending nonprofit status that is led by Ms. Jaffery, started Asasah in March 2003. Ms. Jaffery, is a qualified chartered accountant with 11 years of prior experience in microfinance.
Asasah employs group lending methodology and believes that female empowerment is a powerful catalyst for positive social change. Hence, for this reason 100% of Asasah's clients are women. Asasah's methodology provides women with flexibility to invest in their business or their family business. While safeguarding support of the entire family, Asasah makes the woman the primary point of contact for delivery of financial services, which elevates her position in the household and community.
Since its inception 4 years ago, Asasah has been providing clients and their families with credit, savings and insurance products. As of December 31, 2006, Asasah had 28,424 clients, 28 branches and 316 staff members. Asasah presently operates in the province of Punjab of Pakistan.
Asasah can be reached via email at info@asasah.org .
Repayment Performance on Kiva
Repayment Performance on Kiva
| This Field Partner | All Kiva Partners | ||
| Start Date On Kiva | Aug 2, 2007 | Oct 12, 2005 | |
|---|---|---|---|
| Total Loans | $2,113,125 | $101,929,710 | |
| Amount of Raised Inactive Loans | $0 | $111,475 | |
| Number Of Raised Inactive Loans | 0 | 164 | |
| Amount of Paying Back Loans | $1,405,375 | $44,703,125 | |
| Number Of Paying Back Loans | 1,570 | 63,327 | |
| Amount of Ended Loans | $707,750 | $57,115,110 | |
| Number Of Ended Loans | 992 | 83,635 | |
| Delinquency Rate | 57.47% | 4.28% | |
| Amount of Paying Back Loans Delinquent | $807,673 | $1,913,000 | |
| Amount of Paying Back Loans | $1,405,375 | $44,703,125 | |
| Number of Paying Back Loans Delinquent | 1,569 | 6,018 | |
| Default Rate | 0.00% | 1.96% | |
| Amount of Ended Loans Defaulted | $0 | $1,119,957 | |
| Amount of Ended Loans | $707,750 | $57,115,110 | |
| Number Of Ended Loans Defaulted | 0 | 3,369 | |
| Currency Exchange Loss Rate | 0.00% | 0.00% | |
| Amount of Currency Exchange Loss | $0 | $0 | |
| Refund Rate | 0.02% | 1.09% | |
| Amount of Refunded Loans | $400 | $1,112,375 | |
| Number Of Refunded Loans | 1 | 1,446 | |
| Updated as of November 21, 2009 1:28 AM | |||
Loan Characteristics On Kiva
Loan Characteristics On Kiva
| This Field Partner | All Kiva Partners | ||
| Loans to Women Entrepreneurs | 99.92% | 78.21% | |
|---|---|---|---|
| Average Loan Size | $227 | $403 | |
| Average Individual Loan Size | $377 | $591 | |
| Average Group Loan Size | $995 | $1,494 | |
| Average Number Of Entrepreneurs Per Group | 4.6 | 0 | |
| Average GDP Per Capita (PPP) in Local Country | $3,004 | $3,465 | |
| Average Loan Size / GDP Per Capita (PPP) | 27.46% | 11.64% | |
| Average Time To Fund A Loan | 2.29 days | 2.27 days | |
| Average Dollars Raised Per Day Per Loan | $99.00 | $177.73 | |
| Average Loan Term | 11.51 months | 9.31 months | |
| Updated as of November 21, 2009 1:28 AM | |||
Journaling Performance on Kiva
Journaling Performance on Kiva
| This Field Partner | All Kiva Partners | ||
| Total Journals | 463 | 51642 | |
|---|---|---|---|
| Journal Coverage | 13.23% | 28.22% | |
| Journal Coverage, Kiva Fellows | 0.00% | 0.21% | |
| Journal Frequency (Average Per Loan Per Year) | 0.15 | 0.32 | |
| Average Number Of Recommendations Per Journal | 15.70 | 10.30 | |
| Updated as of November 21, 2009 1:28 AM | |||
Borrowing Cost Comparison
Borrowing Cost Comparison
| This Field Partner | Median for MFI Peers in Country | All Kiva Partners | ||
| Average Interest Rate and Fees Borrowers Pay (Portfolio Yield) | 38% | 28% | 35.21% | |
|---|---|---|---|---|
| Average Loan Size (% of Per Capita Income) | N/A | 24% | 23.43% | |
| Average Partner Return On Assets | -8% | -12% | 0.24% |
Field Partner Staff
Imran JaffereyTabinda Jaffery
bazgha masood
Rafia Naqvi
Sadaf Zahid
Country Fast Facts
Country Fast Facts
| Country: Pakistan |
| Capital: Islamabad |
| Official Language: Urdu, Pashto, English |
| Population: 168,803,560 |
| Avg Annual Income: $3,004 |
| Labor Force: agriculture: 43% industry: 20.3% services: 36.6% (2005 est.) |
| Population Below Poverty Line: 25% |
| Literacy Rate: 48.7% |
| Infant Mortality Rate (per 1000): 70 deaths |
| Life Expectancy: 63 years |
| Currency: Pakistan Rupees |
| Exchange Rate: 83.5155 PKR = 1 USD |
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