Ms Mariam is a 28-year-old mother of one. She has been operating a milk sales business for two years. Her husband is a factory worker but his income is not sufficient to meet the family's daily expenses. Mariam is eager to provide for her family through all her hard work. She initiated her business with the support of Kashf foundation and she has gained many customers. She has applied again for a loan of PKR 40,000 to purchase another buffalo, which will increase her production of milk and her sales. Mariam desires to expand her business to support her family well.
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.