Ms. Basheeran is a 45-year-old working woman. She lives in a small house with her husband and two children. She is a professional confectioner and runs her own business of sweet making with the help of her husband. Basheeran’s 50-year-old husband helps her sell products out in the nearby markets. She has been with Kashf Foundation for the last four years and has been able to establish her business at a level that she can earn up to 1,000 Pakistani rupees (PKR) in a day. Though Basheeran is not well educated, she wants her children to go to good educational institutes for a prosperous future.
Basheeran has applied for a loan of 40,000 PKR from Kashf Foundation to purchase more packs of oil and stock of sugar. Basheeran is very confident of her professional skills and happy that she will be able to earn more money to give a prosperous life 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.