Nasreen is a 37-year-old married woman. She has been providing laundry services at her home for 10 years. She is known in her community for providing quality services to her customers. She makes enough to lead a decent life. She is a responsible mother of two daughters and three sons.Three children go to school. She is striving hard to meet their demands, including food, clothing and health care. Her husband is employed in a small factory and his income is not sufficient to meet the daily expenditures of the family. To help her run her operations, she requested a loan of 15,000 PKR to purchase packs of detergents, bleach and packing bags, etc. Then she would be able to meet the demands of her customers consistently. She expects a boost in her net income and wishes to expand her business for more earnings.
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.