Ms. Nargis is 51-year-old married woman. Fifteen years ago, she started her own business of making wooden boxes and rails. She offers various sizes of rails which are used for the holy Quran (a holy book). She supplies to the local market and also sells in her community. She makes enough through her business. She is a responsible mother of four children, two of them go to school. Nargis is working hard to meet the needs of her family members. She has been associated with Kashf Foundation for five years and has gradually improved her business. Now she requests for a loan of 25000 PKR to purchase good quality wood and cutters of different types in large quantity to meet the orders on time. She intends to use the earned 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.