Ms. Shafiqan is a 37-year-old married woman. She is a devoted person and efficiently runs a business of vegetable sales with her husband. The man shown in the photo is Shafiqan’s husband. She makes enough money to support her family. She is liable to bear their cost of education, food, and clothing. She needs to expand her business, so she contacted Kashf Foundation and requested a loan of PKR 20,000 to purchase a stock of fresh vegetables including onions, potatoes and tomatoes. Having these vegetables would attract more people to her shop and would earn more income to support her family.
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.