Azra is a 53-year-old active widow. She has run a canteen in a school for the last eight years. Her son is also working, but his income is not sufficient to meet the everyday expenditures of household. She makes enough to lead a decent life. She is a loving mother of five children. She is in charge of providing her family with good food, health and education. She has slowly but surely improved her business by taking loans from the Kashf Foundation. Now she requested a loan of 30,000 PKR to purchase packs of chips, biscuits, juice, and other items. She has been in association with Kashf for two years. She expects more profits and hence better support for her family. She desires to spend part of her income on providing a high-quality education to 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.