Robina is a 37-year-old, vigorous, married woman. She has been doing hand-embroidery for the past four years. She is passionate about her work, and client demand is strong, but business challenges, combined with family expenditures, frustrate her nearly every day. Her husband is working in a factory, but his income is not sufficient to meet the needs of the family members. She is a mother of four children and wants to grow her business. She has gradually improved her business with the support of Kashf Foundation; currently she is requesting a loan of Rs.35000 to buy raw materials such as spools of thread, sequins and pearls in large quantities to meet with the increasing demand of her customers. Robina dreams of opening her own shop to display her work in the market.
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.