Ms. Elizbith is a 50-year-old married woman and the mother of six children. She has been operating a business, selling milk for the past 20 years with the support of her husband. She currently has two buffaloes and she sells their milk to many of her neighbors, along with butter and cheese that she makes from it. She looks after the buffaloes and performs the task of collecting milk from them while her husband sells it to different places on daily basis. They are happily working together to support their family.
She needs to earn more to meet everyday expenditures including food, clothing and education. In order to increase her profits, she has requested a loan of 30,000 PKR to buy one more buffalo to cater to more customers. She hopes to increase her capacity to produce milk, which will ultimately help generate more cash.
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.