Partner description: 

JWS Pakistan is a non-profit, non-political, non-sectarian social development organization formed in 1990. JWS’s mission is to uplift the status of marginalized communities through an integrated approach that helps sustain businesses and improve living standards. Poverty is widespread in Pakistan, where 58.7 million people earn less than $1.25 per day. JWS’s mandate is to eradicate poverty in the communities that it works in, by working with women, minorities, farmers and financially excluded populations.

JWS’s microfinance program aims to increase the income of impoverished rural communities through 4 main products:

  1. Group based microcredit loans
  2. Individual enterprise development loans
  3. Agricultural financing to smallholder farmers
  4. Small and medium enterprise loans
 

​In its 26 years of operation, JWS has provided over 100,000 loans to low income groups through its network of 24 branches. JWS launched branchless banking in September 2011 to reduce transaction costs and service delivery times, reducing the time it takes for clients to receive and repay their loans.

In addition to loan products, JWS also provides low-cost health insurance and loan insurance to its borrowers. Micro-health insurance covers all medically necessary inpatient treatment and services for its borrowers. JWS’s loan insurance ensures that a member’s family is not burdened with the loan in case of their death.

JWS also provides different non-financial services in the communities it works in. These include:

  1. Jinnah ambulance service
  2. Health camps
  3. Medical camps and food distribution in flood affected areas
  4. Livestock vaccination campaigns

Why Kiva works with JWS:

Kiva shares JWS’s vision of serving financially excluded women, minorities and farmers by providing them with access to finance to start and grow their income generating activities. JWS also provides many non-financial services to its clients and the communities that it works in. Kiva funding will enable JWS to expand its work in enabling marginalized communities in Pakistan to access finance and make their lives better. 

Note: JWS Pakistan was incorporated as a non-profit public company in January 2016. Previously, JWS Pakistan was operating as Jinnah Welfare Society, a voluntary non-profit society. 


Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Jul 9, 2015 Oct 12, 2005
Total Loans $873,475 $994,173,925
Amount of raised Inactive loans $0 $246,850
Number of raised Inactive loans 0 286
Amount of Paying Back Loans $738,250 $153,984,725
Number of Paying Back Loans 2,127 196,046
Amount of Ended Loans $135,225 $839,942,350
Number of Ended Loans 411 1,055,629
Delinquency Rate 0.04% 8.66%
Amount in Arrears $153 $8,865,405
Outstanding Portfolio $389,233 $102,333,532
Number of Loans Delinquent 3 30,827
Default Rate 0.00% 1.42%
Amount of Ended Loans Defaulted $0 $11,900,367
Number of Ended Loans Defaulted 0 34,261
Currency Exchange Loss Rate 0.00% 0.45%
Amount of Currency Exchange Loss $0 $4,517,245
Refund Rate 0.34% 0.60%
Amount of Refunded Loans $2,950 $5,985,075
Number of Refunded Loans 1 6,003

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 96.68% 75.51%
Average Loan Size $344 $398
Average Individual Loan Size $340 $627
Average Group Loan Size $2,721 $1,756
Average number of borrowers per group 2.8 7.7
Average GDP per capita (PPP) in local country $4,700 $5,871
Average Loan Size / GDP per capita (PPP) 7.31% 6.78%
Average Time to Fund a Loan 19.29 days 6.92 days
Average Dollars Raised Per Day Per Loan $17.82 $57.53
  Average Loan Term 12.88 months 11.13 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 679 519,327
  Journaling Rate 97.30% 41.10%
  Average Number of Comments Per Journal 0.00 0.05
  Average Number of Recommendations Per Journal 0.00 1.14

Borrowing Cost Comparison (based on 2016 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 41% APR 33.00% PY 26.33% PY
  Profitability (return on assets) 2.2% 1.5% -1.14%
  Average Loan Size (% of per capita income) N/A 16.00% 16.31%

Country Fast Facts

Field Partner Staff

Jamil Anjum
Nauman Azhar
Muhammad Imran Dhillon
Islam Gul
Muhammad Javed
Sohail Nazar