Noor is 36 years old, married and has three children. She decided to work with her husband to support her family for a better future. Eight years ago she began stitching work in her house. She stitches clothes for half of the people of her community. Through this business, she earns income to support her entire family. However, due to lack of funds she is unable to meet all the orders given by her customers. She is currently in her second loan cycle and requested a loan of 20000 PKR from Kashf Foundation. She intends to use this loan amount to buy raw materials including leather, zippers, spools of thread, etc. With this loan she will be able to complete her orders on time which ultimately will help her earn more profit.
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.