Ms Samina is 22 years old and the mother of three children. She has been running a business of selling milk with the support of her husband for many years. The man show in the photo is Samina’s husband. She started her own business by buying a buffalo to support her family. Her husband was the only earner prior to that time. Over time her sales increased which increased her income.
This has happened due to her courage and determination. Because of her work, she is respected in her home. She helps her husband in all financial matters. She has some savings and has applied for a loan of PKR 20,000 to purchase another buffalo. She expects an increase in her business income as a result of this loan. She has been in association with Kashf Foundation for three years and has shown excellent repayment behavior.
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.