Ms Sharifan is a 46-year-old married woman. She has been running a business of milk sales for the past 5 years. She has 5 calves, one cow and one buffalo in milk. She sells the milk to many of her neighbors, along with butter that she makes from the milk. Her business is good enough for her to lead a decent life. She has one daughter and two sons who are school-going. She is very motivated to provide them with a beautiful life with good education, food and clothing.
She has improved her business to meet the day-to-day expenses of life. It’s her third year with Kashf Foundation and she is happily running her business through their support of it. Now she has requested a loan of Rs 35,000 to purchase one more buffalo and feed for its calves. She hopes to have an increase in her production capacity of milk, which ultimately helps in generating more cash.
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.