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
6. 6 Step-1 Intend to do Our Target Household Offer for Membership through Murabaha Request for Membership through Murabaha Business Household Membership done via Female Step-2 Murabaha Step-1 Takaful
7. 7 Step-2 Meet Business Expanses Business Household Reinvestment in Business Profit generated from Business Business Member Meet Household Expanses Installment of Farz Committee Business Education Step-3
8. 8 Step-3 Business Household Profit generated from Business Business Member Installment of Farz Committee Member gives installment to FF Farz Committee Pool FF Provides facility to client (See Farz Committee)
9. 9 Step-3-a Process of Farz Committee From every 3rd to 11th,member gets the total collection2,200 through a monthly lucky Draw . (1st and 2nd collection go to FF & group organizer) 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 Each Member Share PKR:200 In Committee Pool
10. 10 Step-3-b Process of Farz Committee Committee Pool and Total Collection= PKR: 2,200 Committee Group Member PKR: 2,200 +220 in one year To meet immediate Needs Members get PKR: 2,440 after one Year or Monthly PKR:20 Members do partnership with FF PKR: 2,200 Build asset Option Reinvest in Core Business Investment Poolof Farz Foundation (FF & Community are partners in MURABAHA Business) FF generates other source of Income for their Client
11. 11 Step-4 Health Care Awareness FF Provides health care awareness to clients Household
12. 12 Step-5 Future Protection Program FF gives awarness to clients about their children’s education through “Children Education Awareness Program” Household
103. First Islamic Microfinance in Pakistan 56 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
104. First Islamic Microfinance in Pakistan 57 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)
105. First Islamic Microfinance in Pakistan 58 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)
