Ms. Asia is a 33-year-old married woman and the mother of four children. She has been in the business of tailoring for many years, to help her husband. She has accepted the fact that, if her husband alone works for their family, they will not be able to meet their household expenses and the educational needs of the children. That is why she started tailoring at home, to support her family well. Her husband is a factory worker. Asia, together with her husband, manages their household while operating the business. At this time, she is working hard to continually provide income for their everyday expenses. She has applied for a loan of PKR 20,000 to buy more reels of thread, packs of buttons, laces and zippers. In this way, she will be able to meet the increasing demand of her customers without fail. Her regular customers are her neighbors and members of the local community. Asia hopes to grow her business and dreams of giving a good quality education to her children through all her hard work in her business.
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.