Ms. Yasmeen is a 45-year-old married woman and a mother of six children. She has been successfully running a hand-embroidery business in her community for the last four years. She makes beautiful patterns for the people of her community. Her designs are in high demand and she has managed to build a clientele that allows her to contribute to the expenses of her home. Her husband is employed in a small factory and earns insufficient income to support his family alone. She is motivated to provide for her family. As she wants to grow her business, she requested a loan of PKR 30,000 to purchase spools of threads, packs of sequins, pearls and glittering materials for embellishment. She then would be able to meet with the increasing demand with consistency. She dreams to provide a quality education to her children.
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.