FINCA helps Pakistanis living in poverty access financial services to improve the quality of life for themselves and their families.
$144.9M LOAN PORTFOLIO
$747 AVERAGE LOAN
9.9% WOMEN BORROWERS
Sultana Bibi, the eldest sibling in her family, was determined to create a better life for her three younger siblings. Thanks to FINCA loans and her growing multiple businesses, Sultana’s three siblings proudly study at a better school.
Individual Loans, Small and Medium Enterprise Loans, Rural and Agriculture, Savings, Insurance, Remittances and Money Transfers
Although it is a resource-rich country, Pakistan suffers from regional strife, high inflation, natural disasters and low growth. The World Bank estimates that over a fifth of the population lives in poverty.
Pakistan’s public education system does not prepare citizens for the modern economy. Pakistani women average seven years in school, and men, eight. Their combined literacy rate is only 58 percent. With a population unequipped for the job market, Pakistanis rely on the informal and rural sectors for income.
When poor people have access to financial services and life-enhancing products, they can earn more, build their assets, create jobs and cushion themselves against external shocks. Since 2013, FINCA has been helping thousands of Pakistanis improve their lives. FINCA offers financial services, such as loans, savings and money transfers throughout the country.
24.3% LIVING BELOW POVERTY LEVEL 2
$5,539 ANNUAL PER CAPITA INCOME 3
79% FINANCIALLY EXCLUDED 4
387-E, Johar Town
1Information is updated on an annual basis
2Poverty headcount ratio at national poverty lines (% of population)
3GDP per capita, PPP (current international $)
4Adult population lacking account at a formal financial institution