Ms. Mabal is a 42-year-old married woman and the mother of five children. She is been in the business of stitching trousers and shirts for three years. Due to the insufficient income of her husband, she is working hard to help meet the expenses of her family members.
Mabal has gotten a lot of appreciation in her community through her great knowledge of doing this. She makes enough to lead a decent life. She has been in association with Kashf Foundation for two years. Mabal has gradually improved her business with the support of the foundation.
To cope with increasing demand, she has requested a loan of Rs. 25,000 to purchase reels of threads in different colors and another sewing machine for her daughter to assist her in completing orders on time. She dreams of opening a shop in her community to display her work. She is hopeful to earn more profits and intends to utilize part of them for the expansion 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.