Ms Nasreen is a 39-year-old married, vigorous lady. She has been running a general store for the last 5 years. She has faced many problems during her married life, as her husband not in good enough physical shape to be employed.
Ms Nasreen took the initiative to start her business by taking a loan from Kashf foundation, and made a small general store near her house. She has five daughters and one son, and wants to provide them with food and good health. To help her to continue her business, she has asked for a loan of 20,000 Pakistan Rupees (PKR) to buy rice and flour to meet her customers’ demands. She wants to use part of her profits for her husband’s treatment.
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.