Shazia is 33 years old and a married woman. She has been doing the work of hand embroidery for the past two years after her husband’s business failure. She's become famous in her community and makes enough to contribute to the family income.
However, due to the lack of availe funds, she is unable to meet the daily demands of her customers. For this reason she contacted Kashf Foundation for the first time and applied a loan of PKR 20000. In this way she will be able to purchase packs of sequins, pearls, glittering material for embellishment, along with the spools of threads in various colors. She is hopeful to increase her earnings and is thankful to Kashf for its tremendous support.
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.