Zainib is a 40-year-old, energetic, married woman. She has seven children and her husband is a sales man at a butcher shop. With the help of her husband, she initiated the work of making brushes for sweeping, painting etc. One of her son assists in selling the brushes to the people of the community. She makes enough to lead her family circle.
In order to increase her sales, she first took a loan from Kashf Foundation upon the advice of her neighbor. Now she is been in association with Kashf Foundation for six years. Her past records show her excellent repayment behavior. Currently she has requested a loan of Rs. 20,000 to buy wooden and steel handles large quantity for brushes. She is hoping to earn more income through her large sales. She desires to spend the part of income 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.