Naseem is a 31-year-old married woman with three children, two of whom attend school. Her husband appears in this photo with her. Naseem's husband uses his bicycle to sell different goods such as toys, balloons, and other items in nearby communities. He makes enough to bear the expenses of the family members.
Naseem is requesting a 35,000 PKR loan to purchase a motorcycle to improve her husband's business. This will be her fifth loan cycle with the Kashf foundation and she has a strong association with them. Naseem will use part of the income from her loan to provide a good education for 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.