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to prove the world wrong when it thought that Pakistan couldn’t have an institution as transparent and trustworthy as any in the world”. And how can we imbibe what we learn from them into the PPAF culture”. “Look at Pakistan’s history,” Hyat urges when asked who he might hold most responsible for the largely impoverished state the nation seems to be in.At that particular time he envisioned an institution that would bring professionalism into the grant-oriented culture of civil society organizations, and make them sustainable. –”Basically we have the ingredients of an elitist non-caring state.Its name is quite self-explanatory: the PPAF works through almost 90 partner organizations in almost all areas, including micro-credit, water management and provision, health, education, skill development and capacity building.Back then, “PPAF was one room and a briefcase,” says Hyat about its humble beginnings – “Today eleven years later it enjoys an international reputation”. Why, from being a leader in the international banking industry, did he choose to move into the then unheard-of field of poverty alleviation? the will to see if we [the privileged] could really do something useful for the poor; b.And, when people work with rock-solid values, he says, “the world will not change them, but, they will change the world”.The Story behind PPAF PPAF was formed under the aegis of the Planning Commission of Pakistan in 1999, but, designed as a private sector entity.

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PPAF Model Replicated Globally The Pakistan Poverty Alleviation Fund model is now being set up in Nepal and in Malawi.Teams from both countries – and from Afghanistan – have visited the PPAF to learn from its experiences.Stemming from the success of the PPAF model, there is a growing interest to set up “Apex” organizations in other countries.“The elite generally are unaware of the plight of the poor,” adds Hyat on a more macro-level note.“Corporates need to develop a culture that understands that the people that buy their goods are by and large poor. “They should not look at them as a market for commodities alone but look at them as people who might thank you for what you? Make the connect between service to the people and marketing.” “Corporates,” Hyat ponders, “are too busy making money”.They’ve given out over $ 550 million in micro-financing – with 100 percent repayment.

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