Establishment of Micro-Finance Bank, Utilizing NADRA’s
Computerized Facilities: Suggestions for
BISP, Asian Bank, World Bank and Donors Agencies to
Disburse Funds
Gobind M. Herani*
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.
JEL. Classification: G21; G23; G28; G32; G35; I31; I38;
Keywords: Microfinance Bank; e-Sahulat franchise; BISP; Aid and Donations; Disbursement
