Ms. Asma is a 21-year-old lady. She is very talented and excels in her chosen work of tailoring. She has received a lot of appreciation from her community. She has retained a regular list of customers and earns enough to contribute to the family income.
Currently, she is requesting a loan of 15,000 PKR in order to purchase more spools of thread, packs of buttons, zippers and lace in various colors. In this way she will be able to consistently meet the increasing demand from her customers, which ultimately helps her generate more cash. Asma hopes to grow her business and wishes to spend part of the profits 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.