Ms. Nazia is a 28-year-old young married woman. She is the mother of two children.
She has been in the business of making clay pots for the past five years. She makes beautiful pots in various sizes, types and designs. Her husband also assists her in making and selling the pots to the market. She mostly uses the hand running tool to prepare the clay pots, which takes much time. She makes enough to contribute to the family income.
In order to purchase used electricity machines to increase her productivity and the quality of the clay pots, Nazia contacted Kashf foundation and applied for a loan of Rs. 15,000.
In this way, Nazia would be able to increase the sales of pots to the nearest cities. She wishes to spend part of the income on the betterment of her family members.
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.