Ms Rabia is a 28-year-old married woman. For the past 3 years, she has been doing hand-embroidery work with her husband, who has been attached to this work for many years. With Ms Rabia's additional help, her husband’s monthly profit has increased.
Ms Rabia is the mother of five children, three of them in school. She wants to cover the educational expenses of other children as well. Ms Rabia works day and night for her children's better future. She needs to purchase more embroidery materials, such as packs of sequins, spools of thread and glittering material. Ms Rabia has applied for a loan of PKR 15,000 to meet these business requirements. She expects profits from her business and intends to use them for the betterment of 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.