Ms. Zakia is a 41-year-old married woman and a loving mother of five children, four daughters and one son. She is running a business of making clay pots. She offers various pots for water filling and also for home decorations. She has expanded her family business through all of her hard work. Her husband also assists her in selling pots at the local market. Zakia is very creative in making new and attractive pots.
She has gradually improved her business with the support of Kashf Foundation. Now she has applied for a loan of 40,000 PKR to purchase more packets of clay powder, wires and buckets of paints. This will help her to cater to more customers without fail. She desires to spend part of the profits on the wedding ceremony of her daughter.
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.