Zareena is a 31-year-old married woman. She is a mother of four; two of them are school-going.
She is efficiently performing a business of milk sales with the support of her husband. They have been doing it together for the past ten years. Now they have eight buffaloes and two cows. (The man shown in the photo is Zareena’s husband.)
Every morning she milks her cows and buffaloes and prepares liters of milk that her husband takes to the market to sell along with butter, cheese and ghee that Zareena makes from the milk. Because of her work, she is respected in her home. She helps her husband in all family matters as well as financial matters. They make enough to bear the expenses of the family members.
She needs to expand her business to fulfill the demands of her children, including food, clothing and education. She has some savings and has applied for a loan of PKR 40,000 to purchase another buffalo. In this way she will be able to cater to more customers, which will ultimately help in bringing more cash to her home. She desires to use the part of the revenue on the improvement of her house.
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.