Ms. Yasmeen is a 41-year-old married woman. She has two children, both of whom are school going. Her husband deals in a hawker’s business. When she realized that her husband's income was not sufficient to meet all the household expenditures with ease, she and her husband took the initiative of starting a goat selling business.
Presently, she has four goats and plans to purchase two more goats to earn more profit. For this purpose, she requested a loan of PKR 30,000 from Kashf Foundation. She has a strong association with Kashf, as she has availed herself of loans five times and always paid back her installments on time.
Her dream is to save enough of money for the marriage of her daughter. She is putting away savings on a daily basis to make it possible.
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.