Pakistan Poverty Alleviation Fund (PPAF): Pakistan’s realm of alms

Source :    Date : 03-Jul-2017

Pakistan Poverty Alleviation Fund (PPAF) is a Pakistani not-for-profit company based on the model of public-private partnership. PPAF aims to promote an effective approach to poverty alleviation across Pakistan. A number of leading multilateral, bilateral, and international corporate institutions such as the World Bank contribute to PPAF’s poverty reduction goal by providing financial support to promote grassroot development.

 

According to a report released on 2nd July 2017, Pakistan Poverty Alleviation Fund (PPAF) has disbursed Rs184.94 billion to its 134 partner organisations in 130 districts across the country during last 17 years (Year 2000 till March 2017).

 

During same period, 8.4 million individuals availed PPAF microcredit financing, 36,300 water and infrastructure projects completed, 2,000 health and education facilities supported, 440,000 credit groups and 132,500 community organisations formed, 111,000 individuals trained through managerial and skills/entrepreneurial  training events, 108,000 ultra and vulnerable poor households received productive assets and 282,000 interest free loans disbursed through Prime Minister Interest Free Loan (PMIFL) scheme.

 

PPAF acts as an apex organisation carrying out programmes through 134 Partner Organisations (POs) and it assists ultra or very poor household (as per poverty scorecard score O-23) to lift them out of poverty (attain a score of 35 or above) on a sustainable basis non-poor condition for over three years). Giving further details, the sources said during July 2016 to March 2017, Pakistan Poverty Alleviation Fund disbursed an amount of Rs9.207 billion to its POs.

 

During same period, a total of 646 Community Organisations (COs) were formed and 5,488 community and PO staff members were trained (32 per cent women) under Institutional Development and Social Mobilization component.