Naheed is a 29-year-old married woman and mother of two children. For the past five years, she has been running a hand-embroidery business. Naheed's embroidery patterns are very popular and are much in demand in her community. She has managed to consolidate a clientele that allows her to contribute to the expenses of her home.
Naheed is requesting a 30,000 PKR loan to buy reels of threads in different colors along with packs of beads, sequins, and stones for embellishment. She will use her loan to increase her business, cater to more customers consistently, and target new customers. Naheed is in her third loan cycle and she has a good repayment history. In the future, Naheed dreams of a bright future for her children and hopes to provide them a quality education through all of 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.