Nazrian is 47 years old and a married woman. For the past two years, she has been trading clothes. Nazrian needs to contribute to her family's income as her husband’s income is insufficient to cover their daily expenditures. She serves her community well and has gained popularity among her customers. Nazrian has a wide collection of clothes and she offers a variety of colors in consideration of customer taste and demand.
Nazrian is requesting a 25,000 PKR loan from the Kashf Foundation to buy a large variety of clothes in different colors from the market. Her loan will help increase her capital and cash on hand to fulfill the demands of her customers. Nazrian hopes to earn more profits through increasing her sales.
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.