Ms Razia is a 39-year-old, married woman and mother of four children. She is successfully running a food stall in her community, with her husband. They work selling fruit chat/salads in a stall located at the corner of a popular street in their town. She is helping her husband, by contributing to the family income through all her hard work.
Razia has been in association with Kashf Foundation for eight years. Currently, she has requested a loan of PKR 50,000. She will use the loan to purchase sacks of apples and guavas, with tins of pineapple. She is hoping to get a boost in their net income, and she aspires to save enough money to expand 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.