Ms. Rehana is a 41-year-old married woman and a mother of two daughters. She is a very hardworking lady. She is in her 2nd loan cycle with Kashf Foundation and she is in the business of sewing clothing for the last four years. When she started this business her income was very low but with the passage of time, demand for her clothes increased in her community. Her husband is a driver and his monthly income is very low to support his family alone.
She has one machine and now she wants to purchase one more sewing machine for one of her daughters to increase their sewing capacity, so she requested a loan of 15,000 PKR so that her family's income will be increased and they will be able to manage their household efficiently. Her loan has been approved by Kashf Foundation. Her husband is very happy to see the increasing growth of her business. Now she is saving a healthy amount of income for their better future. She wants to give a better education to her children and also desires to build a separate room for a kitchen.
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.