Ms. Rubina is a 32-year-old married woman. She has been successfully running a small general store in her community with her husband for the last three years. The man shown in the photo is Rubina’s husband. She offers various goods for daily use. She has good communication skills and enjoys a good client list. She is the mother of three children and is motivated to provide for her family. As she wants to grow her business, she has requested a loan of PKR 40,000 to buy supplies of rice and flour from the market at lower prices. She then would be able to meet increasing demand consistently. She is in her fifth loan cycle and has an excellent repayment record. She wishes to use part of her revenues to cover personal expenses and part to increase her business capital.
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.