Ms. Rajan is a 36-year-old married woman. She has been helping in her husband's business of furniture making. The man shown in the photo is Rajan’s husband. They have been doing this together for many years. Over time, they have become famous in their community for providing good quality furniture. She is a responsible mother who provides her children with the basic necessities of life. In order to buy good quality wood, together with packs of polish and nails, in larger quantities, she applied a loan of 30,000 Pakistan Rupees (PKR) from Kashf Foundation. In this way, they would be able to cater to more customers without delays, which would ultimately help in bringing home more cash. She is in her fourth loan cycle, with good repayment history. Rajan dreams of providing a bright and prosperous future to her children.
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.