Ms. Fouzia is 27 years old. She is a very hardworking lady. She is running a grocery store and fully supports her family through this business. She has been running this business for the last four years. She deals with food items, e.g., rice, pulses (beans, peas, lentils, chickpeas, etc.), sugar, oil, biscuits, cold drinks, tea, milk, etc.
She started her business with a very small amount and at the very initial stage she contacted Kashf Foundation for support for her business. She has been working with Kashf for the last three years and her repayment behavior is very good.
For meeting the requirements of the customers, she needs extra stock of existing items and has to include the new products in her shop. For this purpose, she has requested a loan of Rs. 35,000 from Kashf Foundation.
She believes that if she continues working hard, she can grow this business and improve the living standard of her family.
About Kashf Foundation
Kashf Foundation is one of the leading microfinance providers in Pakistan, focused on expanding financial access for poor women across the country. The organization’s economic empowerment program has grown from 913 clients in 1999 to 284,653 clients as of May 2012, with a current outstanding portfolio of US$32 million.
Kashf has trained over 227,000 clients in basic financial literacy and systemized financial education since 2010, in addition to providing training in gender justice and empowerment to over 12,500 participants since 2011. This group includes clients, their husbands and adolescent boys in their communities.
Over the past 16 years, Kashf has disbursed an estimated 2 million loans. Today, it operates in 16 districts in Punjab province and 1 district in Sindh province through a network of 157 branches. It plans to open 19 new branches to cover all four of Pakistan’s provinces.