Ms Asia is a 33-year-old married woman. She has been successfully running a small general store in her community for the last year. In this time, she has retained many regular customers. Her husband is employed in the armed forces, but his income is too insufficient and unpredictable to support the needs of the family members alone.
Asia is the mother of 2 children, and she is motivated to provide them good quality education. In order to satisfy needs of her customers, she requested a loan of 20000 PKR from Kashf Foundation. This loan will help her to purchase a variety of products like soaps, shampoo, soft drinks, and grains for her general store, which will the needs of her customers more efficiently and increase her savings for the better future of 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.