Ms Kausar is a 41-year-old vigorous lady and a mother of three. She has had a business of stitching for 8 years. She is famous for stitching fine clothes in her community. Initially she earned a low income, but with the passage of time her business income has increased, which is only due to her passion to give a better future to her kids. She is illiterate, so she wants to see her children well educated. Her husband is a laborer and his monthly income is not sufficient to fulfill the needs of the family members.
Kausar has one machine and now she wants to purchase one more sewing machine for her daughter, to increase sewing capacity. For this she requested a loan of Rs.35,000. She hopes that her family income will be increased and they will be able to manage their households. She dreams of sending her children to school. Her husband is very happy to see the increasing growth of her business.
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.