Ms Roohi is a 32-year-old married woman. She has been doing a business of manufacturing spare part for sanitary items with her husband. Both are doing it together for the last 12 years. Her husband purchases scrap from market on lower rates, separates the iron from this scrap, and then Roohi cuts them in small pieces with the help of cutter and compressor. They make clamps on machine which are used as sanitary spare part and her husband sells them in market.
She is motivated to support her family. As she wants to grow her business, she has requested a loan of Rs 20,000 to buy stock of iron from the market at lower rates for the making of more clamps. She then would be able to meet the increasing demand consistently. She is in her 2nd loan cycle and has shown excellent repayment behavior. She wishes to utilize the part of revenues to deal with personal expenses and to increase business capital.
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.