Shameem is a 47-year-old married woman and a mother of two. Four years ago, she started her own business buying and selling goats because the income generated by her husband is insufficient to cover all household expenses. She started her business with the support of Kashf Foundation and purchased different animals for sale. She has been in association with Kashf Foundation for four years and has shown excellent repayment behavior. She desires to give her children a better future and the necessary education so they will succeed in life. For this purpose she wants to increase her business income and has applied a loan of 25,000 PKR to buy more goats in order to increase 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.