Yasmeen is a 45-year-old married woman. She is a very active working woman who has been involved in carpet making work for the past three years with her husband. The man shown in the photo is Yasmeen’s husband. She has been skilled since her childhood, as her mother was also doing the same work. She offers various handmade carpets and is famous for providing good quality products in her circle. She is happily doing it with her husband for the sake of her family.
Yasmeen struggled very hard to improve her business gradually for which she has been taking loans from Kashf Foundation for the past three consecutive years. Because of her trust in this institution, she requested a loan of Rs.45,000 to buy good quality wool, nylon, polyester, polypropylene fibers, etc. She wants her business to expand every year by making products competing with market standards.
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.