Maisakeena is 56-year-old married woman. She has been running a small general store with her husband for many years. The man shown in the photo is Maisakeena’s husband. She offers various goods for daily use. She has good communication skills and counts on a good client list. She is a mother of three children. She is responsible for providing her family with the basic necessities of life.
Her husband assists in buying stock of goods from the market. As she wants to grow her business, she requested a loan of Rs 20,000 to buy stock of rice and flour from the market at lower rates. Then she would be able to meet the increasing demand consistently. She is in her 2nd loan cycle and has shown excellent repayment behavior. She wishes to utilize part of her revenues to improve her home conditions and part to increase her business capital.
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.