Region: South Asia
Value: USD 78,298
Start Date: 2017-10-02
End Date: 2018-10-30
Karandaz Pakistan focuses providing credit and capital to high impact small and medium-size businesses, and business models that have potential to generate sustainable employment and offers attractive risk-adjusted financial returns through Corporate Investment and Credit.
As a result, Karandaaz has been granting loans to Small and Medium Enterprises (SMEs) with its three major partner institutions i.e. Bank Alfalah, Meezan Bank and Orix Leasing Pakistan. The aim is to create jobs especially for youth and women, to empower women and to develop business. That’s way Karandaaz Pakistan plans to engage a third party firm to assist in monitoring and evaluation of its Corporate Investment Credit (CIC).
The firm put in place a team including 01 Team Leader,0 1 Coordinator, 01 Data Analyst and 10 Field Monitors for executing the project. We developed, tested and translated quantitative and qualitative data collection instrument. To achieve accuracy and efficiency in collecting and collating data, we developed data collection protocols and procedures and conducted customized training of field staff on data collection tools and protocols, each field monitor visited beneficiaries (SME borrowers) located all over Pakistan to carry out third party data verification. A total of 300 SMEs visited for data verification in each quarter. We used tablet devices equipped with Open Data Kit (ODK) software for data collection and uploading on main servers on real time basis. Data was maintained electronically in a user friendly format. Analytical reports were submitted to Client on quarterly basis along with quarterly progress report on project activities. The Consultants also updated the economic model and held quarterly meetings with the Client’s MEL staff on quarterly basis to provide project updates and present findings from the most recent data collection round.