Shahnaze is a 42-year-old married woman and mother of three children. Twenty-five years ago, she started her own sewing business in her home. Her husband is a rickshaw driver but his income is not sufficient to meet their daily requirements. She was worried but she didn’t lose hope and eventually contacted Kashf Foundation upon the advice of her neighbor in order to establish her business. She has gradually improved her business with the support of Kash Foundation. Currently, she is requesting a loan of Rs. 20000. She is going to use this loan to buy a new sewing machine with some spools of threads of various colors. She dreams of expanding her business in the near future.
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.