Ms Shahnaz is a 55-year-old married woman and a mother of four children. She is trying hard to fulfill their demands including food, health, clothing and education.
She has been manufacturing footballs with the support of her son for many years. She makes balls in different sizes and sells them in her community and in the local market. Shahnaz wants to grow her business, so she has requested a loan of PKR 20,000 to purchase stocks of thread, rubber bladders and leather covers to inflate her sales.
In this way, she will be able to cater for her customers time after time. She is expecting a boost in her earnings and dreams of providing a quality education for her children through all her hard work.
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.