Ms. Lubna is 35 years old and an unmarried woman who has been doing a business of milk sales for many years to contribute to the family income. She has two cows in milk and counts a good client list. She sells milk to many of her neighbors, along with butter that she makes from the milk. Her business is good enough to allow her to lead a decent life.
Lubna has two siblings and is very motivated to provide them a beautiful life with good education, food and clothing. She has improved her business to meet the day-to-day expenses of life.
It’s her fourth year with Kashf Foundation; she is happily running her business through the support from Kashf. Now she has requested a loan of Rs 30,000 to purchase one more cow. She hopes to increase her production capacity which ultimately helps in generating more cash.
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.