Ms Shahnaz is 40 years old, a vigorous married woman. She has doing business in the clothing trade for many years. She is passionate about her work, and client demand is strong, but the business challenges, combined with the family expenditures she faces, frustrate her nearly every day. Her husband is employed in a factory and unable to provide for the needs of the family members by himself. He does not earn enough to support his family well, and Shahnaz is the best earnings resource in her household, as her embroidery patterns are very popular in her street.
She is a mother of three children. She wants to make her business grow, so she requested a loan of Rs 30000 to buy various designs of clothes in different colors to meet increasing demand. She is hoping to earn more profits through increased sales. She is also interested in opening her own shop in the market to display her work.
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.