Ms Kalsoom is a 36-year-old lady. She is a very hard-working and committed woman. She is in her fourth loan cycle with Kashf Foundation. For the past ten years, Kalsoom has been running a business, producing and selling milk. She initiated her own business by buying a buffalo to support her family. Prior to her action, her husband had been the only bread earner for the family. With the passage of time, her sales increased and also her income. Now she has two buffaloes. This has all happened due to her courage and determination.
Because of her work, she is respected in her home. She helps her husband in all family matters as well as financial matters. She has some savings and has applied for a loan of PKR 30,000. She will use this money to purchase another buffalo. She expects a boost in her business income as she expands her business. She is very thankful to Kashf for its 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.