Ms. Sughran is 44 years old and the mother of six children. She is striving hard to meet their demands including food, clothing and health. She has had a shoemaking business with the support of her husband for many years. The man shown in the photo is Sughran’s husband. They have become famous in her community for providing the best quality shoes of various designs and colors. They maintain a regular list of customers.
Sughran has gradually improved her business with the support of Kashf Foundation. She is in her second loan cycle now. She requested a loan of 30,000 Pakistani rupees to buy additional material for shoes including leather, artificial leather and plastic soles, etc. In this way, they can handle the growing demand for their shoes in the market and can better support their 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.