In this programtwo heifers are given to a pre-qualified needy female. The family raises the cattle for one or two years till it gives birth. At this time the mother and the calf are sold in the market, the profits are split among both parties after deducting the pre agreed expenses.
The studies show that one cattle a year can lift a family of three out of poverty in Pakistan according to the figures provided by the World Health Organization. The family is selected by using poverty banding. Females are encouraged to join this program. The family is provided with cattle with a security of ownership as long as they abide by the contract. WLO’s finance department also issues advances to these families without interest. There is a designated veterinarian and a herd manager who keeps a log of all animals and looks after their wellbeing, contract enforcement and humane conditions on weekly basis. Each animal is sold with papers and a log book for breed control.
This is a sustainable way for poverty alleviation or rural economic growth as the families get out of the vicious circle of poverty and there is also a great opportunity for investments that follow Islamic rules with better results compared to commercial banks.