Yasmeen is a 41-year-old married woman. She is a mother of two daughters and two sons. She is trying hard to fulfill their needs, including food, health, clothing, and education. Yasmeen has been doing a business of waan manufacturing for the past seven years. A waan is a thread-like material that is used in making charpoy (a bedstead of woven webbing or hemp stretched on a wooden frame on four legs). Yasmeen offers various types of waan in different colors and has become famous for providing good quality waan in her community. She is content to do this work for the sake of her family. She also sews as a part-time job. In this way, she is able to handle her family's needs and requirements effectively.
This is Yasmeen's sixth year with th Kashf Foundation. She is satisfied with the support of the foundation and has applied for a loan of PKR 50,000 to buy good quality wool, nylon, polyester, and polypropylene fibers for making good quality waan to increase her sales. Her husband is not in good enough physical shape to be employed. Yasmeen wishes to use a part of her profits for her husband’s healthcare and also wants to provide higher 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.