Ms Samina is 32 years old lady and a mother of two children; all are attending school. She is very talented and excels in the work of manufacturing footballs. She receives large orders so she has hired some people for stitching footballs in order to complete the orders on time.
She faced tough times after her separation but with the support of Kashf Foundation she was able to keep up her business. Samina wants to provide all of the basic facilities to her children like good quality clothing and education. For the improvement of her business, she contacted Kashf Foundation and applied for a loan of RS 20,000/-. The amount will be used to purchase rubber bladders and leather covers in a large quantity to cater to more customers without delay. She is hoping to get an increase in her sales, which will ultimately help in generating more cash. 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.