Saiqa is 26 years old woman and married. She is in the business of selling milk to help her husband financially in meeting the needs of her family members. She has one buffalo in milk and sells the milk to many of her neighbors, along with butter that she makes from the milk.
To inflate her sales, Saiga is requesting her second loan for 25,000 PKR, which she will use to purchase another buffalo. With a second buffalo, she will be able her to cater to more people in her community.
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.