Ms. Nazeeran is a married woman and enjoys making parandas and has done so for so many years. Paranda is considered to be a traditional hair accessory in a country like Pakistan. Girls use it for a traditional look on special occasions like on Eid and for weddings. She makes beautiful paranda especially for bridal hairstyles. She initiated her business with the support of Kashf foundation.
She is striving hard to meet her family expenditures. She is responsible for providing them with a good environment with good food, clothing and education. She needs a loan of Rs, 20,000 to buy raw material including colorful threads, beads, mirrors, and pearls for the hair style embellishment. This will enable her to meet the increasing demand of her parandas, and she can earn a better income to support her family well.
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.