EMERGING ISLAMIC MICRO FINANCE

VISION POVERTY ALLEVIATION THROUGH ENTERPRISE DEVELOPMENT

MISSION To 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

Board of Directors Executive Committee Chief Executive Officer Chief Operating Officer Manager Accounts Accounts Officer Manager Finance Manager Strategic Planning & Development Manager Information Technology Manager Micro Credit Operations Assistant Manager MC Operations Micro Credit Executive Need Evaluation Team District Manager Unit HeadsCredit Officers Manager Monitoring & Evaluation Manager HR & Admin. Manager Internal Audit Manager Business Development Training Coordinator Community Organizer Marketing Officers Credit Committee Management Committee Audit Committee ORGANOGRAM

BOARD OF DIRECTORS  Mr. Mushtaq Pirzada CHAIRMAN  Dr. Shireen Zaffarullah GENERAL SECRETARY  Dr. Waseem Bano FINANCE SECRETARY  Mrs. Samina Islam M EMBER  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 COMMITTEE  Dr. Shireen Zaffarullah  Dr. Waseem Bano  Mrs. Samina Islam  Mr. Abbas Khan  Mrs. Farida Tariq AUDIT COMMITTEE  Dr. Waseem Bano  Mr. Raza Toor, ACA  Mr. Abbas Khan, FCA

ISLAMIC FINANCE DEVELOPMENT TEAM  SHARIAH ADVISOR : Mufti Iftikhar Baig  SYSTEM DEVELOPMENT: Ernst & Young Ford Rhodes Sidat Hyder & Co  LEGAL CONSULTANT: Saleem & Baig Advocates  OPERATIONAL ADVISORS: CWCD  SHARIAH ADVISOR : Mufti Iftikhar Baig  SYSTEM DEVELOPMENT: Ernst & Young Ford Rhodes Sidat Hyder & Co  LEGAL CONSULTANT: Saleem & Baig Advocates  OPERATIONAL ADVISORS: CWCD

1999&20 00 Rs.658,000 1 Branch Office 1 District 1999&20 00 Rs.658,000 1 Branch Office 1 District 2001&20 02 Rs.1,753,500 1 Branch Office 1 District 2001&20 02 Rs.1,753,500 1 Branch Office 1 District 2003&200 4 Rs.12,583,000 2 Branch Offices 1 District 2003&200 4 Rs.12,583,000 2 Branch Offices 1 District Enterprise Development Facility Introduced 2005&2006 Rs.122,844,000 8 Branch Offices 1 District 2005&2006 Rs.122,844,000 8 Branch Offices 1 District 2007&2008 (30june) Rs.172,350, Branch Offices 3 District 2007&2008 (30june) Rs.172,350, Branch Offices 3 District Vision 2010 Rs.1,000,000, Branch Offices Punjab TIME LINE DISTRICTS BEING SERVED : Lahore Sheikhupura Gujranwala

PERFORMANCE HIGHLIGHTS Total Clients Served to Date12,352 Total Beneficiaries49,408 Total Disbursement to DateRs. 307,974,400 Outstanding Portfolio (as at June 30, 2008) Rs. 122,945,088 Repayment Rate98% Operational Cost (per rupee of Loan Disbursed) Rs Operational Self Sufficiency100%

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) CONVENTIONAL Micro Credit ( Rs. 1,000 – Rs. 30,000) Enterprise Development Facility (Rs. 30,001 – Rs. 100,000) ISLAMIC Murabaha ( up to Rs. 100,000) Ijara ( up to Rs. 100,000) Salam ( up to Rs. 100,000) Istisna ( up to Rs. 100,000) PRODUCT PORTFOLIO:

We Serve POTENTIAL POOR Targeting Business not Individual Need Based Credit Comparatively larger loan size Group & Individual Lending Social Collateral Flexible 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 Sessions  Skill Enhancement Courses  Value addition in Product & Process  Branding, Packing & Packaging  Marketing Linkages & Sales Support  Supply Chain Development  Redesigning of Services Outlet  Participation in National, Regional Fairs &International Fairs

Health Insurance Poor 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 – TAKAFUL HEALTH 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 Operations  Large Potential Market  Credit Risk covered through Takaful  Excellent Performance Record  Innovation and Development  Strong Social Responsibility Statement

Thank you 148- P, Model Town Extension, Lahore, Pakistan. Tel: (042) , (042) Fax: (042)