PRASAC MICROFINANCE INSTITUTION
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PRASAC MFI Ltd intends to continue to follow these high international standards. In order to be transparent towards the public we have added links (below) to all four annual Financial Statements from 2002 to 2007, audited by internationally recognized auditors, and to the M-CRILL Rating report.

PRASAC MFI Ltd was awarded with Financial transparency award by CGAP for achieving a fully compliance with International Standard for Financial reporting.

 

                                                                                        

 
Mar 31, 2008 Dec 31, 2007 Dec 31, 2006 Dec 31, 2005
Loan Outstanding (Net)  141,992,596,426  132,051,327,540    87,888,912,157  44,548,983,034
Total Assets  157,049,817,476  148,185,582,498  105,973,331,177  52,363,768,294
Total Liabilities    96,343,004,817    89,521,225,651    54,249,465,588  14,970,302,548
Total Equity    60,706,812,659    58,664,356,846    51,723,865,589  37,393,465,746
 
Mar 31, 2008 Dec 31, 2007 Dec 31, 2006 Dec 31, 2005
Operating income before loan provision 9,219,698,910 30,351,873,410 19,041,131,692 13,298,720,119
Loan Loss Provision  (18,661,476)   (716,305,132)   (231,893,341)  (158,732,654)
Net Operating income before operating expense 9,201,037,434 29,635,568,278 18,809,238,351 13,139,987,465
Total operating expense (6,447,265,793) (19,351,755,631) (14,777,138,314) (9,435,116,543)
Net Profit before non operating activities 2,753,771,641 10,283,812,647  4,032,100,037  3,704,870,922
Non operating income - - 40,790,000    53,136,555
Non operating expense (200,701,874)        (704,524,289)        (668,585,424)      (672,016,437)
Net profit before tax 2,553,069,767  9,579,288,358 3,404,304,613  3,085,991,040
Income Tax Expense        (510,613,953)     (1,981,241,505)        (689,364,766)      (617,198,208)
Net Profit after tax      2,042,455,813      7,598,046,853      2,714,939,847    2,468,792,832
31/12/2007
31/12/2006
Audited Financial Statement as at Dec 2006 (1,915 kb)
31/12/2005
Audited Financial Statement as at Dec 2005 (1,915 kb)
31/12/2004
Audited Financial Statement as at Dec 2004 (717 kb)
31/12/2003
Audited Financial Statement as at Dec 2003  (818 kb)
31/12/2002
  Audited Financial Statement 2002 as at May-Dec 02 (174 kb)
 Audited Financial Statement as at Jan 01-Apr 02 (443 kb)
 
31/12/2004
   M-CRIL Annual Rating Report 2004 (337 kb)
  PRASAC Trend Report 2006 (MIX) (97.1kb)
  Customized Performance Report 2004 (CGAP) (337 kb)
 
 
 
 
 
 
 
 

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