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

Contents

• Introduction– History– Services– Business type– Main events

• Past Performance Analysis– Customer Growth– Net Income Trend

• Ratio Analysis– Liquidity Ratios– Profitibility Ratios– Financial Leverage Ratios– Efficiency Ratios

• Future Oulook– Upcoming Products– Supporters

• In Case of Default

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

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

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

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

Past Performance Analysis

Customer Growth

2003 2004 2005 2006 2007 2008 2009 2010 2011 20120

50,000

100,000

150,000

200,000

250,000

300,000

350,000

Customer Growth

clients

Income Trend

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

-2,000,000,000

-1,500,000,000

-1,000,000,000

-500,000,000

0

500,000,000

1,000,000,000

Net Income

Net Income

Ratio Analysis

• Liquidity Ratios– Current Ratio– Cash Ratio

2009.5 2010 2010.5 2011 2011.5 2012 2012.5 2013 2013.50

1

2

3

4

5

6

7

8

9

10

Current RatioCash Ratio

– Working Capital

Year Working Capital

2010-172085550

2011-493363186

2012552884468

20131966952704

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

Return on sales

2009.5 2010 2010.5 2011 2011.5 2012 2012.5 2013 2013.5

-10

-5

0

5

10

15

20return on sales

return on sales

Gross Profit Margin

2009.5 2010 2010.5 2011 2011.5 2012 2012.5 2013 2013.5

-0.1

-0.05

0

0.05

0.1

0.15

0.2

Gross profit margin

Gross profit margin

Return on Assets

2009.5 2010 2010.5 2011 2011.5 2012 2012.5 2013 2013.5

-0.02

-0.01

0

0.01

0.02

0.03

0.04Return on assets

Return on assets

Return on equity

2009.5 2010 2010.5 2011 2011.5 2012 2012.5 2013 2013.5

-0.6

-0.4

-0.2

0

0.2

0.4

0.6

0.8

1

1.2

1.4Return on equity

Return on equity

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

Total Debt ratio

2009.5 2010 2010.5 2011 2011.5 2012 2012.5 2013 2013.50

0.2

0.4

0.6

0.8

1

1.2total debt ratio

total debt ratio

Capitalization ratio

2009.5 2010 2010.5 2011 2011.5 2012 2012.5 2013 2013.50

0.1

0.2

0.3

0.4

0.5

0.6

0.7

0.8

0.9

1

Capitalization ratio

Capitalization ratio

Debt to equity ratio

2009.5 2010 2010.5 2011 2011.5 2012 2012.5 2013 2013.50

5

10

15

20

25

30

35Debt to Equity Ratio

Debt to Equity Ratio

• Efficiency Ratios

– Cash turnover ratio– Sales to working capital ratio– Total assets turnover ratio

Cash turnover ratio

2009.5 2010 2010.5 2011 2011.5 2012 2012.5 2013 2013.50

0.2

0.4

0.6

0.8

1

1.2

1.4

1.6

1.8

Cash Turnover

Cash Turnover

Sales to working capital ratio

2009.5 2010 2010.5 2011 2011.5 2012 2012.5 2013 2013.5

-2

-1.5

-1

-0.5

0

0.5

1

1.5

2

Sales to Working Capital

Sales to Working Capital

Total assets turnover ratio

2009.5 2010 2010.5 2011 2011.5 2012 2012.5 2013 2013.50

0.05

0.1

0.15

0.2

0.25Total Assets Turnover

Total Assets Turnover

Future Outlook

• Upcoming Products

– Kashf School Sarmaya – Sector specific loan– Savings

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

• Skoll Foundation• Tides• Women World’s Banking

If Kashf Defaults• Unemployment • Investment downfall• Education downward

THANKS