Vs microfinance. Multiple loaning, portfolio management, credit history Kashf Microfinance Bank Limited: Kashf Microfinance Bank Limited (KMBL) is a nationwide microfinance bank in Pakistan that started operations in October 2008. The Bank currently has around 500 employees and operates with 46 online locations across 36 cities in 3 provinces of Pakistan. Kashf Microfinance Bank Limited serves over 200,000 depositors and over 30,000 borrowers. Kashf Microfinance Bank is a subsidiary of FINCA International (www.finca.org). Specializes in lending to small and micro businesses and savings products to low income communities, Offers a complete range of savings products, real-time money transfers, collection of utility bills. The Client: Value, reliable service, reasonable price The Product: Responsive to Clients needs The Delivery Methodology: Mitigates Risk, Reduces Transactional Costs The Microfinance Provider: Manage Risk and Achieve Financial Sustainability Vision Financial services for all in a poverty free and gender equitable society. Mission Serving all with dignity by providing quality and cost effective microfinance services to low income households that alleviate poverty and enable women to become active agents of social and economic change, through building alliances, promoting linkages and developing entrepreneurship. Core Values Commitment to Excellence Kashf Foundation ensures the highest level of quality in all outputs with the aim of being market leaders Service Kashf Foundation ensures customer satisfaction through a respectful and professional attitude with the aim of delighting the customer Integrity Kashf Foundation ensures that all interactions with clients and amongst staff are based on honesty and mutual dignity with the aim of espousing integrity across the board Responsibility Kashf Foundation believes in meeting all promises as per commitments hence we do what we say and say what we do Innovation Kashf Foundation believes in learning, adapting and growing thereby responding positively to change Respect Kashf Foundation believes in dignity at the workplace which includes mutual respect and care for each other thereby inculcating do unto others what you would like others to do to you Reciprocity Kashf Foundation believes in team work and ascribes to the motto all for one and one for all Action-Oriented Kashf Foundation aims towards a problem solving approach in all actions thereby being part of the solution and not the problem Meritocracy Kashf Foundation ensures equal opportunities and a fair and transparent appraisal mechanism with access to adequate redressal channels thereby processing feedback positively Sustainability Kashf Foundation believes in the long-term sustainability of both the organization and clients thereby promoting self-sufficiency through continuous improvements in processes, products and services Current products: Kashf Ibteda-e-Karobar Karza productive loan for new businesses. Kashf Karobar Karza-Productive loan for existing businesses Kashf Aitebar Karza-Renewable credit line for existing clients Kashf Sehatmand Zindagi Bima - Micro Health Insurance Kashf Zindagi Bima - Life Insurance Culture/ Leadership style Challenges and how they overcome them. Multiple loans by same people NPL Natural disasters Improper regulation; Increasing competition; Difficulties in MFI profitability; Lack of diversification of financial products and services, and concentration on microcredit; Difficulties in MFI stability; Limited MFI management capacity; Political interference; High transaction cost; Unfavourable policy environment; Inadequate investment in agriculture development; Low knowledge levels. Asjid qureshi How Kashf is different Skill development
Kamyab karobari qarza Aitbarr karza Our story: Key learnings: Why customers value it Business model Meeting with the local authority, Social mobilization campaign, membership and group formation, formation of local representative, business pre-feasibility assessment and development of market linkages , individual heath insurance and life time insurance, preliminary individual loan disbursement , recovery of installments.