Ms Faiza is a 26-year-old married woman. She has three children. She is striving hard to meet their demands, including food, clothing, and health. Her husband is employed in a small restaurant. His income is not sufficient to meet the daily expenditures of the family. She started her business to contribute to the family income. She has been in the business of sewing for four years. She is well familiar with stitching techniques.
She initiated her business with the support of Kashf Foundation. By that time she has attained many regular customers. In order to meet with the increasing demand of her customers, she requested a loan of Rs 25,000 to buy spools of thread with packs of needles, buttons, and zippers, etc. So then she would be able to meet the demands of her customers without fail. She is in her 2nd loan cycle. She hopes to grow her business and dreams of giving a good quality education to her children through all her hard work in her 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.