Ms. Bushra is 35-year-old active, married, woman. She has been efficiently conducing a business of cloth trade from her home for the last 10 years. Her husband brings cut pieces from factories and the market, and then she sells to the people in her community. She makes enough to lead a decent life, though her husband’s income is not sufficient to meet the everyday expenditures of the household. She is the loving mother of eight children and is in charge of providing them with good food, health care and education. In order to improve her business, she contacted Kashf Foundation and applied for a loan of PKR 25,000 to purchase fabrics in bulk from the market in various colors and designs to meet the needs of her customers. She expects more profits, and thus can better support her family. She desires to spend a part of the income on providing good quality education to 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.