051-9245062 pd.ecse@pc.gov.pk

Microcredit Platform For Daily Wage Workers to enable Purchase of Monthly Rations

Closing Date of Submission of EOI is 15th November 2019


The poor in Pakistan rely on informal credit facilities to bridge the gap between consumption and expenses. Usually this form of credit is given by loan sharks who charge an exorbitant interest rate. Besides this, Pakistan is also heavily under banked, where majority of the population does not have access to the formal banking channels.
As mobile penetration has increased in the country, which is estimated around 100 million, it provides as opportunity to bring the unbanked into the formal banking sector. Mobile penetration also gives access to the poor and the vulnerable poor to credit facilities and mobile wallets. Microfinance banks and the telecom providers are all getting into the mobile wallet space, which is a virtual bank account linked to your telephone number. Enabling individuals to conduct transactions through the mobile device.
Development of mobile wallets, has enabled a shift towards providing nano or microloans through mobile technology at the click of a button. Loans can be provided to those outside of the formal banking sector with no credit scores at the touch of a button. Through machine-learning algorithms and artificial intelligence, lending institutes are able to assess credit worthiness of the poor and their ability to payback micro or nano loans.
These online platforms can also be used for insurance products to safeguard the poor against catastrophic shocks.


We are soliciting applications from organizations that have an existing platform which can provide credit facilities to the unbanked/poor daily wage workers to access monthly rations. The organization should also have experience and a plan to scale up such a platform with Ehsaas co-branding.


The solutions innovation challenge will be executed by the Poverty Alleviation & Social Safety Division


Expression of Interest close of submission 15th November 2019

Broad Criteria

Postal Address

Jawad Tareen, BDM (Business Development Manager), 051-9245061
Centre for Social Entrepreneurship
2nd floor, Shalimar Plaza, BlueArea, Islamabad

For questions and clarifications contact Saram Bokhari on pd.ecse@pc.gov.pk & 051-9245062.

Get In Touch

2nd Floor, Shalimar Plaza, Blue Area, Islamabad

Ph: 051-9245062