Ms Safina is 38 years old and married. She is a young, active mother of two kids. She has been running a beauty parlor for three years. She is eager to support her family because her husband's income is not enough to meet her expenses. However, due to lack of availability of funds she is unable to meet the daily demands of her customers. To get more hair products, treatments, skin products, and make-up kits, she contacted Kashf Foundation and applied for a loan of Rs. 25,000. She wants to get more customers. She dreams to provide quality education 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.