Ms. Yasmeen is a hard-working lady, and she is very eager to help her husband. The man shown in the photo is Yasmeen’s husband, who runs a small internet cafe. He has years of experience in this field. Yasmeen also sews clothes for the people of her community to contribute to the family income. She is the mother of three and motivated to provide for her family.
In order to purchase computers and some furniture, such as tables and chairs, she contacted Kashf Foundation and applied for a loan of PKR 20000 for her husband’s internet cafe business, where he wants to expand in order to earn more and meet the needs of his family. Yasmeen is hoping to increase their net income, which they intend to use on the expansion of the business.
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.