Shamim is 36 years old, married, and has four children. She works from home as a tailor, which she has been doing for two years. She is proud to be contributing to her household income. Most of her clients are her neighbors. She earns enough through this business to meet the needs of her family members.
Shamim is requesting a loan for 20,000 PKR, which she will use to buy a stock of threads, packs of needles, laces, and zippers in large quantities to meet the increasing demand. She expects a boost in her earnings and wishes to spend the revenue on the betterment of her family members.
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.