Shabana is a 30-year-old married woman and the mother of six children. She has been operating a business of tailoring for three years to support her husband. She accepted the fact that if her husband alone works for their family, they will not be able to meet the expenses of the household along with the educational needs of the children. That is why she started sewing for the people living around her house, and she uses the income to support her entire family.
She, together with her husband, manages their household while operating a business. At this time, she is working hard to continually provide income for their everyday expenses. She requested a loan of Rs. 25,000/- to purchase more reels of thread with packs of buttons and laces in various colors. In this way she will be able to consistently meet the increasing demand of her customers. She is in her 4th loan cycle with good repayment history. Shabana hopes to grow her business and dreams of giving a good and quality education to her children through all her hard work in her business.
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.