Nusrat is a courageous woman and a mother of four. She faced a very difficult time after her husband‘s failure in business. She decided to go to work herself and support her family for a better future. Seven years ago she started stitching clothing for people around her home. Today, she has gained a lot of appreciation and serves well in her community. However, due to fewer financial resources, she has been unable to fulfill the demands of customers. She contacted Kashf foundation to purchase raw materials to complete the orders on time. She is in her second loan cycle and has borrowed 25000 PKR from Kashf Foundation. She intends to use this loan amount to buy raw materials including cloth, threads of different colors, laces, zips, etc. This will create the means to increase revenues so she may be able to generate a healthier source of income. She desires to use the part of revenues on the improvement of her house.
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.