3. Vision “To bring social change through poverty alleviation by improving productivity and capacity of clients and staff” 3 First Islamic Microfinance in Pakistan
4. Mission Empowering the poor through innovative products and diverse business opportunities, by integrating social performance focused microfinance with collaborative community health and education partnerships. 4
5. Farz Methodology 5 First Islamic Microfinance in Pakistan FF support to client’s for Enhance its Business income Needs & Wants of one Family Average life of family 40 year Star t Female (Avg 20 year old) Profitable Business Child Future Protection OtherSource of Income Health Asset Building Family Male (Avg 20 year old) FF create habit in Client’s Life that they build asset through “FARZ COMMITTEE” FF Save health Expanses of their Clients through “Health Care Services” FF Aware to clients that they focus on their children Education through “Children Education Awareness program” FF facilitate to their Clients for creating other source of income through “Mudarbaha”
95. First Islamic Microfinance in Pakistan 48 1st Month of Committee 1st Total Collection of Committee Pool goes to Farz Foundation Share PKR:200 In Committee Pool Farz Foundation as a Member Committee Pool and Total Collection= PKR: 2,200 Farz Foundation as Committee Manager (FF) 10 Members of Community from One Cluster Each Member Share PKR:200 In Committee Pool
96. First Islamic Microfinance in Pakistan 49 2nd Month of Committee Share PKR:200 In Committee Pool 2nd month Total Collection of Committee Pool goes to Committee Group Organizer Farz Foundation as 1 Member Committee Pool and Total Collection= PKR: 2,200 Committee Group Organizer 10 Members of Community from One Cluster PKR: 2,200 PKR: 2,200 +220 in one year Members become partner of FF Members get PKR: 2,440 after one Year or Monthly PKR:20 Each Member Share PKR:200 In Committee Pool Investment Poolof Farz Foundation (FF & Community are partner in MURABAHA Business)
97. First Islamic Microfinance in Pakistan 50 3rd to 11th Month of Committee 3rd to 11th, every month Total Collection of Committee Pool goes to Committee Members through Lucky Draw Share PKR:200 In Committee Pool Farz Foundation as 1 Member Committee Pool and Total Collection= PKR: 2,200 Committee Group Member 10 Members of Community from One Cluster PKR: 2,200 +220 in one year PKR: 2,200 Members get PKR: 2,440 after one Year or Monthly PKR:20 Members do partnership with FF Each Member Share PKR:200 In Committee Pool Investment Poolof Farz Foundation (FF & Community are partner in MURABAHA Business)