Ms. Nasreen is a 50-year-old married woman. She grows and sells vegetables. She has been running this business for the past 5 years with the support of her husband. She has four children, and her daughter also helps her with growing the vegetables. Her husband helps to sell them door to door and at the local market. She has requested a loan of Rs 20,000 to buy fertilizers, pesticides and insecticides to grow fresh, green vegetables. Nasreen hopes to earn more money and desires to spend it on the betterment of 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.