Ms Nazir is a 43-year-old married woman. She has one buffalo in milk and has been doing a business of milk sales for many years. Her husband assists in selling milk door-to-door. She has a good number of customers which are increasing gradually. Her business is good enough to lead her decent life.
She is a mother of one child. She lives in large conventional families with her husband, child, and other relatives. She requires earning more to cover everyday expenditures of her family members. Now she has requested a loan of Rs. 40,000. She will be using the loan to buy one more buffalo to inflate sales. She expects an increase in her business income. She intends to utilize the earned profits on providing good and quality food to her family members.
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.