Report on Kashf Foundation. A microfinance bank.

2. By
– Yumna Khan
– Rabail Aisha
– Memoona Naz
– Shaikh Asadullah

3. Contents
• Introduction
– History
– Services
– Business type
– Main events
• Past Performance Analysis
– Customer Growth
– Net Income Trend

4. • Ratio Analysis
– Liquidity Ratios
– Profitibility Ratios
– Financial Leverage Ratios
– Efficiency Ratios
• Future Oulook
– Upcoming Products
– Supporters
• In Case of Default

5. History
• Conception in 1993
• Idea implementation in 1996
• 2001_ 5 branches _ 5,088 clients_214 centers
• 2001-04 _ 68000 clients _30 branches

6. Services
• Kashf Karobar Qarza:
• Kashf Ibtida-e-Karobar Qarza
• Kashf Aitebar-e-Qarza:
• Kashf Zindagi Bima
• Kahaf Sehatmand Zindagi Bima:
• Kahaf Sehatmand Zindagi Bima:
• Systematic Financial Education Trainings:
• Awareness and capacity building via Mainstream Media

7. Business Type
• Company registered under Ordinance 1984
• Model:
 ADC Channel (Alternate Delivery)
 UBL Omni
 Easy Paisa

8. Main Events
• 2002: Microfinance Excellence Awards By Grameen Foundation USA
• 2005:
 Tamgha-E-Imtiaz by President of Pakistan to MD Roshaneh
 AGFUND International Prize for Microcredit
• 2005 & 2006: CGAP Financial Transparency Merit Award
• 2008: Ranked 34th among Top 50 MFIs of the World by Forbes
• 2010: Global Leadership Awards by Vital Voices for Economic
Empowerment
• 2012: Smart Campaign Award for Customer Protection and
Responsible Finance
• 2014: Fatima Jinnah Award

9. Past Performance Analysis

10. Customer Growth
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Customer Growth
clients

11. Income Trend
-2,000,000,000
-1,500,000,000
-1,000,000,000
-500,000,000
0
500,000,000
1,000,000,000
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Net Income
Net Income

12. Ratio Analysis
• Liquidity Ratios
– Current Ratio
– Cash Ratio
-2
0
2
4
6
8
10
2009.5 2010 2010.5 2011 2011.5 2012 2012.5 2013 2013.5
Current Ratio
Cash Ratio

13. – Working Capital
Year Working Capital
2010
-172085550
2011
-493363186
2012
552884468
2013
1966952704

14. • Profitability Ratios
– Return on sales
– Gross profit margin
– Return on assets
– Return on equity

15. Return on sales
-10
-5
0
5
10
15
20
2009.5 2010 2010.5 2011 2011.5 2012 2012.5 2013 2013.5
return on sales
return on sales

16. Gross Profit Margin
-0.1
-0.05
0
0.05
0.1
0.15
0.2
2009.5 2010 2010.5 2011 2011.5 2012 2012.5 2013 2013.5
Gross profit margin
Gross profit margin

17. Return on Assets
-0.02
-0.01
0
0.01
0.02
0.03
0.04
2009.5 2010 2010.5 2011 2011.5 2012 2012.5 2013 2013.5
Return on assets
Return on assets

18. Return on equity
-0.6
-0.4
-0.2
0
0.2
0.4
0.6
0.8
1
1.2
1.4
2009.5 2010 2010.5 2011 2011.5 2012 2012.5 2013 2013.5
Return on equity
Return on equity

19. • Financial Leverage Ratios
– Total debt ratio
– Capitalization ratio
– Debt to equity ratio

20. Total Debt ratio
0
0.2
0.4
0.6
0.8
1
1.2
2009.5 2010 2010.5 2011 2011.5 2012 2012.5 2013 2013.5
total debt ratio
total debt ratio

21. Capitalization ratio
0
0.1
0.2
0.3
0.4
0.5
0.6
0.7
0.8
0.9
1
2009.5 2010 2010.5 2011 2011.5 2012 2012.5 2013 2013.5
Capitalization ratio
Capitalization ratio

22. Debt to equity ratio
0
5
10
15
20
25
30
35
2009.5 2010 2010.5 2011 2011.5 2012 2012.5 2013 2013.5
Debt to Equity Ratio
Debt to Equity Ratio

23. • Efficiency Ratios
– Cash turnover ratio
– Sales to working capital ratio
– Total assets turnover ratio

24. Cash turnover ratio
0
0.2
0.4
0.6
0.8
1
1.2
1.4
1.6
1.8
2009.5 2010 2010.5 2011 2011.5 2012 2012.5 2013 2013.5
Cash Turnover
Cash Turnover

25. Sales to working capital ratio
-2
-1.5
-1
-0.5
0
0.5
1
1.5
2
2009.5 2010 2010.5 2011 2011.5 2012 2012.5 2013 2013.5
Sales to Working Capital
Sales to Working Capital

26. Total assets turnover ratio
0
0.05
0.1
0.15
0.2
0.25
2009.5 2010 2010.5 2011 2011.5 2012 2012.5 2013 2013.5
Total Assets Turnover
Total Assets Turnover

27. Future Outlook
• Upcoming Products
– Kashf School Sarmaya
– Sector specific loan
– Savings

28. Kashf Supporters
• PPAF: The Pakistan Poverty Alleviation Fund (PPAF)
• The Department of Foreign Affairs, Trade and
• Development (DFATD)
• COCA COLA
• Ernst And Young’s
• The Stuart Family Foundation
• Sosense
• Grameen Foundation

29. • Skoll Foundation
• Tides
• Women World’s Banking

30. If Kashf Defaults
• Unemployment
• Investment downfall
• Education downward