Ms. Sabran is a 51-year-old, active, married woman. She has been in the business of making red chili powder for eighteen years, and has previously received funds through Kashf Foundation. She buys red chilies in bulk from the city and sells them in powder form in her town, where it is commonly used in food for taste. She happily does it for the sake of her family.
Ms. Sabran is the mother of seven children. She lives in a large, conventional family home with her husband, children and other relatives. Her husband is employed in a small general store as a sales person. She must earn more to cover the everyday expenditures of her family. To continue operating her business, she is requesting a loan of Rs.30,000/-. She will use the loan to buy a large quantity of red chilies to increase the amount of product she provides. She expects an increase in her business income as she expands her business. She intends to use the profits to provide a good quality education for her children.
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.