Ms Aneela is a 22 year old married woman and a mother of two. She has been doing sewing work for many years. Her husband works in a factory but strikes and load shedding affects his daily wages so Aneela decided to use her sewing machine which was given to her as gift from her parents. By this time she has become well known in her community and makes enough to contribute to the family income.
She has gradually improved her business with the support of Kashf foundation as she is in her 4th loan cycle. To cope with the increasing demand. she requested for a loan of PKR 30,000 to purchase more spools of threads with the packs of zippers, buttons and needles. She wishes to spend parts of the profits on providing a better future 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.