Ms. Nasreen is a 43-year-old married woman. With the support of her husband, she has been grinding flour for a living for the last two years. She is pictured with her husband.
Ms. Nasreen and her husband have become famous in their town for providing quality wheat, rice, and cotton grinding services. Nasreen is motivated to provide her two children with good food, health care, and education. She has gradually improved her business with the support of the Kashf Foundation.
She is requesting a loan of Rs.30,000 to purchase a new grinding machine and tools for cleaning wheat. With more tools, she would be able to cater to more customers. This is her sixth loan cycle and she has a good repayment history. She will use a portion of her revenue to deal with personal expenses and increase her business capital.
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.