Ms. Perveen is a 37-year-old married woman. She has been running a food stall and selling juice with the support of her husband (pictured here). They have been doing this business for many years and they make enough money to run their household. She is a mother of two children and is eager to provide them a better standard of living. In order to improve her business, she contacted Kashf Foundation and applied for a 20,000 PKR loan. This will be used to purchase another juicer machine with the packs of sugar and flavors. It would help her to cater to more customers. She dreams of expanding her business and desires to use part of the profits on her children’s education.
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.