Ms. Parveen is 23 years old and a married woman. She has been doing a business of carpet manufacturing for the past eight years. She offers various handmade carpets and has become famous in her circle, for providing good-quality products. She is happily doing it for the sake of her family. She earns enough to lead a decent life.
For the improvement of her business, she contacted Kashf Foundation and applied for a loan of PKR 15,000. She will use it to buy good-quality wool, nylon, polyester, and polypropylene fibers, in order to increase her sales. She hopes to have a good experience with this new loan, and she dreams to expand her business in the near future.
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.