Ms. Tahira is 30 years old, a married woman, and a mother of four children. All of her children are school-going. She has an expertise in hand-embroidery, and she has been using her skill to provide for her family for over 10 years. She started this line of work in the very early days of her marriage. During the initial years of her business, she barely made enough money to purchase the required material. Today, she is proud to be famous in her community and to be the best at making beautiful patterns with thread, stones and beads.
Recently, she requested a loan worth 40,000 PKR, to purchase more spools of thread with packs of sequins, beads, and glittering material. She expects a boost in her earnings and wishes to spend part of the profits on providing a quality education to her children.
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.