Ms. Kausar is a 47-year-old married woman and is a mother of five. She has been in the business of cloth trade for many years. She is famous for selling good quality cloth in her community. Most of her clients are her neighbors.
Kausar is making enough to lead a decent life, while her husband’s income alone is not sufficient to bear the daily expenditures of his family members. Kausar is highly contributing to the family income to support her family through all her hard work. Her customer base is diverse and varied. She is much in demand and highly appreciated among her customers.
However, due to low cash in hand, Kausar is facing difficulties in fulfilling the demands of her customers. For this, she requested a loan of Rs. 25,000 to buy a wide variety of cloth in various colors and designs to add to her new ones.
She expects a boost in her earnings and desires to spend part of it on the betterment of her family members.
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.