Establishment of Micro-Finance Bank, Utilizing NADRA’s Computerized Facilities: Suggestions for BISP, Asian Bank, World Bank and Donors Agencies to Disburse Funds

Herani, Gobind M. (2009): Establishment of Micro-Finance Bank, Utilizing NADRA’s Computerized Facilities: Suggestions for BISP, Asian Bank, World Bank and Donors Agencies to Disburse Funds. Published in: KASBIT Business Journal , Vol. 2, No. 1 (2009): pp. 95-104.

Abstract

In this article attempt has been made to analyze the Benazir Income Support Program (BISP) announced by the present regime and donors’ funds disbursement. The main objective of the article is to suggest the best possible transparent way of disbursing funds allocated by the Government as well as donor Agencies. Literature review reveals that there exist some technical problems in the disbursement of funds to the deserving persons, who are badly in need of these funds. Information is collected through informal interviews of various beneficiaries while secondary data for this article is collected for the sole purpose of analyzing the factual position relating to disbursement of funds. The study indicates that at present NADRA and e-SAHULAT could be the best utilized for transparent disbursement of funds as well as deposition of utility bills by re-charging the beneficiaries Accounts in real time. Process control system mostly recharges the deposited transactions on the same day, but input transactions must be processed quickly enough to enable the results to be used as feed back information .

• Item Type: MPRA Paper
• Language: English
• Keywords: Microfinance Bank; e-Sahulat franchise; BISP; Aid and Donations; Disbursement.
• Subjects: I - Health, Education, and Welfare > I3 - Welfare and Poverty > I31 - General Welfare; Basic Needs; Living Standards; Quality of Life; Happiness; G - Financial Economics > G2 - Financial Institutions and Services > G23 - Pension Funds; Other Private Financial Institutions; I - Health, Education, and Welfare > I3 - Welfare and Poverty > I32 - Measurement and Analysis of Poverty; G - Financial Economics > G3 - Corporate Finance and Governance > G35 - Payout Policy; I - Health, Education, and Welfare > I3 - Welfare and Poverty > I38 - Government Policy; Provision and Effects of Welfare Programs; G - Financial Economics > G3 - Corporate Finance and Governance > G32 - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; G - Financial Economics > G2 - Financial Institutions and Services > G28 - Government Policy and Regulation; G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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