Ms Shabana is 29 years old, and she lives in a one-bedroom house with her husband and daughter. When her husband failed to find employment, Shabana decided to use the skill her mother had taught her at a very young age and earn some money for her family. She started stitching for females in the neighborhood. She became famous by doing her fine stitching.
In order to meet her orders on time, Shabana has requested a loan of 15,000 Pakistan rupees (PKR), which enable her to purchase material such as spools of thread and packs of buttons and zippers in different colors. This will enable her to meet the growing demands of her customers, which will ultimately help in generating more cash. Shabana is passionate about her work, and informed us that she is planning on preparing fancy dresses so she can sell them to retailers in the city Faisalabad.
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.