Ms. Ruqia is a 33-year-old divorced woman. For many years, she has been operating an animal sales business with the help of brother. She has five calves and two cows. Her business is doing well enough to allow her to make a decent living. She has one daughter who goes to school.
Ruqia is working hard to support her family by herself rather than being a burden to her parents. She has gradually improved her business with the support of the Kashf Foundation.
Currently Ruqia has requested a loan of PKR 25,000 to purchase an additional cow. She expects a boost in her earnings and hopes to spend part of her profits on the betterment of her family members.
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.