FARZ 11

Vision

“To bring social

change through
poverty alleviation
by improving
productivity and
capacity of clients
and staff”
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 Mission
Empowering the poor
through innovative
products and diverse
business opportunities, by
integrating social
performance
focused microfinance with
collaborative community
health and
33
 An Integrated Approach
TARGET MARKET

Business & Environmental education

Health

Financial Service

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TARGET
MARKET
Upper

Middle

Lower

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 Lower
Product Packages for Each Market
Non-Poor
Poorest
Moderately
Poor
Non-Poor
● Large Murabaha + Takaful + Committee (participatory saving)
+Health Care Awareness +Business & Environmental Education
Poor
● Medium Murabaha +Takaful + Committee participatory saving)
+Health Care Awareness +Business & Environmental Education
Moderately
● Small Murabaha + Takaful + Committee (participatory saving)
+Health Care Awareness +Business & Environmental Education
Poorest
● Zakah or charity in kind or in shape of income generating tools)
+Health Care Awareness +Business & Environmental Education

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 Identification of Area for Operation
To allocate the Area for Social Center (Branch)
To allocate the Potential working areas for social ce
Product need assessment.
Potential businesses.
Cash flow of different businesses.
Size of micro trade.

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 Staff Hiring
v Add for staff hiring in local News paper.
v Collection of CVs as per given date.
v Short listing of CVs and finalize prospective
Candidates for interview.
v Sending calling letters to all selected interviewe
vConduct 1st interview

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 Capacity Building of Staff
To deliver the orientation of FARZ FOUNDATION to
final candidates for jobs.
To deliver three days Step-in-Training to all Selecte
staff.(In house)
v Islamic banking & finance . Conventional microfinance
v Farz Methodology
v Basic Selection criteria of FARZ FOUNDATION
v Area survey
v Effective Mobilization skills
v Clients appraisal training
v Cluster formation steps
v Conduct of community meetings
v Customer relationship management
v Social performance management
v Delinquency management
v Monitoring
99
v Three days on the job training to the staff.
v Basic Selection criteria of FARZ FOUNDATION
v Area survey
v Effective Mobilization skills
v Clients appraisal training
v Cluster formation steps
v Conduct of community meetings
v Customer relationship management
v Social performance management
v Monitoring
v Islamic banking & finance . Conventional
microfinance
v Farz Methodology
v Interview and selection for one month
internship
v Selection for 11 month on a contract.
v After 11 month, contract extension / 1010
 Social Center (Branch) Opening

v Social Center Opening Ceremony

v Mobilization

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S●
●
AS
O
o c
ci
c cS
al
i oe Kicking of Operations
a un
i
no
tr Branch Structure
a
n
t

Office
Boy
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C● G
u r
ut o
s u Cluster structure
t p
M
e
ar L
n
M e
aa a
gn d
a e
r
g
e
r

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 Delivery Process
Step 1

Step 2

Step 3

Step 4

Step 5

Step 6

Step 7

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 MOBILIZATI
ON

v Identification of potential clients

within above mention target market.
v Identification of the potential
businesses.

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 COMMUNITY MEETING

v What is the eligibility criteria for taking

our product
v Systems and procedures for taking our
product.
v Your and our responsibilities for
managing social performance at
cluster level.
v Introduction of program.

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 HOME SCREENING + Know
Your Client & Application
Form Filling

v Verification of Client’s according to the

member selection Criteria
v Information Collection (Home Related)

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 BUSINESS SCREENING +
Know Your Client &
Application Form Filling
v Verification of Client’s Business
according to the member selection
Criteria
v Financial Analysis
v Repayment Capacity
v Business Information Collection

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 FINAL FORMATION
MEETING Approval of Trade
(Murabaha)

v Briefing to the Clients about Sale,

purchase, price, cost, profit, sale
agreement, System, Procedures
and repayments Schedule

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ASSET/STOCK PURCHASING

v Selection of standardize
Venders/Whole Sellers
v To Purchasing of Asset / Stock as per
demand of Client’s Business

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 SALE AGREEMENT and
DELIVERY OF
ASSET/STOCK

v Transparency of Sale
Agreement
v Transfer of Ownership

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MONITORING &
EVALUATION

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 MONITORING & EVALUATION

v Daily, weekly, monthly, quarterly

and six monthly reports system.
v Field visits of bottom to top
Management.
v Fortnightly Meetings with 100%
Clients.
v Social Performance Management.

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 Asset
Building

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 Farz Committee
Farz Committee ? Participatory saving

Group size in One Cluster 11 Members

Maximum Groups in One 3
Cluster
Minimum Committee share 100

Maximum Committee Share 500

Collection Day Social Gathering Day

Collection Frequency Fortnightly
Withdrawal through Lucky Every Month
Draw

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Health Care

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 Health Care
v Organizing Eye care Camps
v Health Awareness Program

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 Future
Protection
Program

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 Future Protection
Program
v Educational Support to Community
children

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Entreprene
ur
Developm
ent Program
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