Ms. Anwer is a 45-year-old married woman and a mother of four children. She runs a small general store at the corner of her house with the support of her husband. The man shown in the photo is Anwer’s husband. Her husband also assists her in buying stock of goods from the market at lower rates.
The couple has retained many regular customers who prefer to come to their store on a daily basis. It has been eight years since they started running their business for the sake of their family members.
For the growth of their business, Anwer has requested a loan of PKR 25,000 to buy stock of rice, flour and beverages from the market at lower rates. They then will be able to meet the increasing demand consistently. She wishes to utilize part of the revenue to renovate her house and provide a quality education to her children.
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.