MICROFINANCE AT FAMILY PLANNING ASSOCIATION OF PAKISTAN (A)

Abstract

Microfinance – the providing of credit to the poor for self-employment and other financial and business services- has been popular among the Development circles for the last two decades as a means of poverty alleviation. Based on the experience of nearly 7,000 Microfinance Institutions around the world, which cater to 16 million clients, it has been demonstrated that it is possible for financial institutions to provide financial services to the poor in a sustainable manner. The Family Planning Association of Pakistan (FPAP) is a new entrant in the area of micro credit and their main donor, for this programme, Pakistan Poverty Alleviation Fund, wants it to become self-sustaining within four years. The main issue in the case is whether it is possible for FPAP to become self-sustaining in such a short time.