Ms. Irshad is a 50-year-old married woman and the mother of six children. For the past ten years, she has been running a business of milk sales. She initiated her own business by buying a buffalo to support her family when her husband was the only bread earner at that point in time.
With the passage of time, her sales increased and also her income. Now she has four buffaloes and one cow. This has all happened due to her hard work.
Now she requested a loan amount of Rs. 30,000. She will be using the loan amount with her past savings to buy one more buffalo to inflate sales. She expects a boost in her business income as she expands her business. She intends to utilize the earned profits on providing good and quality food to her family members.
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.