Ms. Nazia is a 32 year-old married woman. Three years ago, she started her own business of used clothing sales. She buys clothes of different designs from the market in bulk at lower rates and sells them in her community. She counts a good client list, most of her clients are her neighbors. She is a mother of two children; both are school-going. She is in charge of providing her family with good food, health and education.
Ms. Nazia has gradually improved her business with the support of Kashf Foundation. Currently she requested a loan of 20,000 PKR to buy a stock of more clothes in different colors and designs by taking into account the demand of her customers. She hopes to have more profits and hence can better support 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.