58% of the firms in Pakistan have either checking or savings accounts. Pakistan ranks 6th among the 7 South Asian countries while Bhutan ranks 1st with (93%) firms having checking/saving accounts. #AccesstoFinance#A2F#SME@KarandaazPK
Read in detail: karandaaz.com.pk/blog/businesse…
Less than 10%, estimated to be 6.7% firms in Pakistan report a bank loan or a line of credit. In India approximately 21% firms report to have a bank loan/line of credit (World Bank Enterprise Survey) #AccesstoFinance#A2F@KarandaazPK
Read in detail: karandaaz.com.pk/blog/businesse…
64% of the firm loans in Pakistan require collateral; fairly better when compared to peers. For firms in Afghanistan, 71% require collateral, 79% in Sri Lanka, 84% in Bangladesh, 85% in India, 90% in Nepal and 95% #A2F@KarandaazPK
Read in detail: karandaaz.com.pk/blog/businesse…
For firms in Pakistan, the value of collateral needed for a loan (as a percentage of the loan amount) was 153%. Nepal, reported the highest threshold in the region i.e. 391% (World Bank Enterprise Survey) #AccesstoFinance#A2F@KarandaazPK
Read in detail: karandaaz.com.pk/blog/businesse…
For Pakistani firms, using internal funding is a preferred choice to finance investments, as high as 88% of the investments are funded internally (World Bank Enterprise Survey) #AccesstoFinance#A2F@KarandaazPK
Read in detail: karandaaz.com.pk/blog/businesse…
More than half (57%) of the firms in Pakistan reported that they do not require any loan. Highest reading is for Bhutan, reporting a similar situation (58%) (World Bank Enterprise Survey) #AccesstoFinance#A2F@KarandaazPK
Read in detail: karandaaz.com.pk/blog/businesse…
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Among those who heard the speech , 33% agreed with the general point of view taken by Nawaz Sharif, a larger 39% said they disagreed and 24% said they neither agreed or disagreed.
The report provides a statistical overview of the current microfinance landscape in Pakistan & it explores three penetration levels based on data collected in the following three studies: Access to Finance Survey, Household Integrated Economic Survey & the National Poverty Report
Key Findings:
1. Based on estimation models using A2Fs 2015 data the potential market for microcredit in Pakistan is estimated to be 40.9 million for people aged between 18-65 years.
All Economic Vulnerability indicators show improvement in W7. This doesn’t mitigate the fact that nearly all HH's experienced economic shock & those who have fallen below poverty line would need either govt. or NGO assistance to climb up.
Significant decline in proportion of Pakistanis who claim to have reduced the number or size of meals for some family members to cover their household's basic needs
Since June, significant decline in the number of households observed who report relying on less preferred or inexpensive food items to cover basic household needs in the past 7 days – 10% fall from 22%