Ms. Shabana is a 33-year-old married woman and a mother of five; three of them are school going. She has been operating a business of tailoring for many years to support her husband. She stitches for the people living around her home and uses the income to support her entire family. By this time she has attained a regular list of customers. However, due to lack of availability of funds she is unable to meet the daily demands of her customers. For this reason she requested a loan PKR. 25,000 from Kashf Foundation. She intends to use this loan amount to buy raw material including spools of threads with packs of buttons, zippers and needles, to create a means of increasing revenue so she may be able to generate a better source of income.
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.