Ms. Rehana has expertise in stitching clothes and has been using her skill to provide for her family for over three years now. During the initial years of her business, she barely made enough money to purchase the required materials. Today she is proud to be famous in her community for her fine stitching.
To cope with the orders of her customers she has requested another loan worth Rs. 35,000 to purchase a new sewing machine with spools of thread in various colors. She is in her 3rd loan cycle with good repayment history. She says that the females in her community are becoming demanding with the passage of time and satisfying them is a challenge that Rehana has taken up. She has two children; one is school-going while the other one assists her in completing orders on time.
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.