Ms Sughran, age 38, has been running a milk sales business for the past 10 years. She initiated her business by buying a buffalo to help support her family at a time when her husband was the only breadwinner. Ms Sughran and her husband have six children. With the passage of time, her sales increased and so did her income. She now has two buffaloes, seven cows, and four calves. This has all happened due to her courage and determination.
Because of her work, she is respected in her home and her community. She helps her husband in all family concerns as well as financial matters. While talking to the Kashf officer, she shared the feeling of achievement she got by sending her son to college for further studies. She shared her dream of providing quality educations to all her children in order to ensure them a bright future.
With her savings and a loan in the amount of PKR 30,000, Ms Sughran intends to purchase another buffalo. She expects a boost in her income as she expands her business. She is in her second loan cycle and is very thankful to Kashf and to Kiva lenders for their support.
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.