Ms. Asia is a 31-year-old, married woman. She has been efficiently running a general store for the past seven months. Asia is a mother of three children and believes in education for her children. Her husband is in a physical shape that prevents employment. She has taken several loans for the improvement of her business. She has been in association with Kashf for five years. Now she has requested a loan of Rs 30,000 from Kashf to buy sacks of rice and flour for her store. She is hopeful to cater more customers time after time which will help in generating more cash.
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.