Ameena has been efficiently running a tailoring business for three years. She knows very well the techniques of stitching and makes enough from this business to contribute to the family income. She is the mother of three children and is responsible for providing them with good quality food, clothing and education. Due to a lack of funds, she is currently unable to meet the orders of her customers on time. Therefore, she contacted the Kashf Foundation and applied for a loan of 25,000 PKR for the second time. She intends to use this loan to buy raw materials, including spools of thread and packs of buttons, zippers and lace. This enables her to meet her customers’ demand consistently, which will ultimately help to generate more cash for her home.
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.