Elizabeth, aged 53, provides services to brides on their wedding days. She makes available different formal and bridal dresses and also offers a make-up facility for brides. People enjoy borrowing dresses from her at low charges for their wedding day instead of buying at higher prices in markets.
She has four daughters and one son. Her eldest daughter helps in her salon activities while the other children attend school. She is responsible for their food, education and health. She needs to generate more income in order to improve their standard of living.
This is Elizabeth's sixth year with Kashf Foundation, and with its support, she has gradually improved her business. Now, she has requested a loan of 40,000 PKR to buy material for wedding dresses and various products for her beauty salon. In this way, she can accelerate her business growth and hence better support 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.