Sumaira is a 27-year-old married woman and a mother of five. She is a very hard working lady.
She is in her fourth loan cycle with Kashf foundation and she has been in the business of cloth sewing 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. She has one machine and now she wants to purchase one more sewing machine for her daughter to increase sewing capacity. For this she requested a loan amount of PKR 30,000. So then her family income will increase and they will be able enough to manage their household.
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 better education to her children and also to build a good home for 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.