Ms Sonia is a 22-year-old married lady, and she has been providing the service of cooking from her home for many years. She supplies to the nearby hotels and people of her community. She enjoys making food and has become famous in her town for providing these facilities. She is earning enough to lead a decent life. In order to meet the orders on time Sonia needs to purchase important ingredients in large quantities. For this reason she requested a loan of Rs.30, 000/- from Kashf Foundation. She intends to utilize this loan amount to purchase stocks of rice, grains and salt with packs of oil. Sonia wishes to utilize her earned profit on her children’s education and well-being.
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.