Mrs. Munawar is 41 years old and married. She has three children -- one daughter and two sons. She is striving hard to meet her family's demands, including food, clothing and health care. Her husband is employed by a railway but his income is not sufficient to meet the daily expenditures of the family.
Mrs. Munawar started her tailoring business to contribute to the family's income. She is very familiar with stitching techniques. She initiated her business with the support of the Kashf Foundation. At present, she enjoys a great client list and has gained a lot of appreciation and popularity in her community.
Currently, Mrs. Munawar has requested a loan of PKR 40,000 to buy stock of threads in different colors and packs of buttons, needles and zippers. This will enable her to be able to meet the demands of her customers without fail.
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.