Ms Tahira is a 43-year-old married woman. She is a mother of three children, and all are school going. Her husband is a low salaried employee. Three years ago, Tahira decided to contribute to her household's earnings and started a business of leather jackets’ sales. In this way she is able to manage her children’s educational expenses. This is a profitable business and she wants to expand it.
In order to purchase more leather jackets of different colors and designs, she received a loan of PKR 30,000 from Kashf. She has been in association with Kashf for three years. The loan will help her to increase her sales, which will ultimately help in generating more cash. She desires to spend part of the revenue 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.