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Back to Sectoral Activities
Urban Poverty Alleviation Programme
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The Urban Poverty Alleviation programme
was established in 1996, to provide affordable micro-credit for income
enhancement. UPAP's clients are economically marginal women and men
who have no means of entering the formal credit market. Many are
indebted to moneylenders who charge exorbitant rates of interest.
The monthly per capita income of UPAP clients taking a loan for the
first time is very low. 13% earn Rs 500 or less, 48% earn between Rs
501 and 1,000; 26% earn Rs 1001 to Rs 1500 and 9% earn between Rs 1501
and Rs 2000. Only 4% of the clients earn more than Rs 2000 per month.
The number of borrowers who have taken successive loans (i.e. repaid a
loan and taken another loan) from UPAP is increasing over time. This
demonstrates that clients feel that they are benefiting from the
credit and that UPAP is integrating its work in current settlements.
In 2002-3, UPAP expanded within Rawalpindi/Islamabad and opened new
offices in Faisalabad and Karachi. Although the majority of clients are women, it is understood
that in many cases, male family members utilise the loans. This is
acceptable to UPAP so long as the loan is used for income generation
that benefits the family.
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Table
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Urban Poverty Alleviation
Programme
UPAP Disbursement and Recovery Data as of July 2005
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Rawalpindi/ Islamabad |
Faisalabad |
Karachi |
Multan |
Total |
Number of Groups |
5,473 |
3,507 |
1,621 |
462 |
11,063 |
Number of Members |
20,825 |
11,470 |
5,240 |
1,388 |
38,923 |
Number of Credit Cases |
39,551 |
17,891 |
7,368 |
1,395 |
66,205 |
Amount Disbursed (Rs.) |
423,153,569 |
170,208,000 |
70,814,500 |
13,432,000 |
677,608,069 |
Amount Recovered (Rs.) |
380,825,568 |
133,198,173 |
51,493,970 |
5,293,710 |
570,811,421 |
Principal Recovered (Rs.) |
342,443,211 |
114,665,963 |
44,200,289 |
4,462,228 |
505,771,691 |
Service Charge Recovered (Rs.) |
38,319,501 |
18,528,275 |
7,290,163 |
831,476 |
64,969,415 |
Excess recovered (Rs.) |
62,856 |
3,935 |
3,518 |
6 |
70,315 |
Principal Balance (Rs.) |
80,710,358 |
55,542,037 |
26,614,211 |
8,969,772 |
171,836,378 |
Current Cases |
11,587 |
9,459 |
4,250 |
1,337 |
26,633 |
Closed Cases |
27,964 |
8,432 |
3,118 |
58 |
39,572 |
Expired Cases |
54 |
0 |
0 |
0 |
54 |
Cumulative Recovery Rate |
99.94% |
100% |
100% |
100% |
100% |
On-time Collection Rate |
99.99% |
100% |
100% |
100% |
100% |
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