Sakina is 32 years old, married, and has two children who attend school. For the past 10 years, she has been manufacturing "waan," which is a material used in making charpoy (a bedstead of woven webbing or hemp stretched on a wooden frame on four legs, common in Pakistan). She offers various kinds of waan in different colors, and she is famous in providing a good quality product in her community. In this way she is able to manage the needs of her family members.
Sakina is requesting her fifth loan from Kashf Foundation for 10,000 PKR, which she will use to buy another waan making machine so she can continue to provide good quality products to her customers. She has gradually improved her business with the support of Kashf Foundation. Sakina expects gains in her earnings and will be better able to support her family.
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.