Ms Basheeran is a 52-year-old married woman and a mother of seven. She is an active woman and has had a business manufacturing carpets for the past 6 years. She offers various handmade carpets in different colors, and has become famous in providing good quality carpets in her community. She is able to handle her family needs and requirements efficiently.
Her husband is employed in a small general store and earns insufficient income to meet the needs of the family members alone. Basheeran must help to provide her children with good quality food and education. To help her to continue her operations she requested a loan of 15,000 Pakistan Rupees (PKR) to purchase good quality wool, nylon, polyester, and other fibers to increase her sales. She wishes to use part of the profits on her children's education.
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.