Ms. Shagufta is a 32-year-old married woman and a mother of four. She has been successfully running a small beauty parlor in her community for the last ten years. She is a good beautician and has good communication skills.
Shagufta is a self-made woman and wants to increase her business. Her husband is employed with a low income, which is not sufficient to meet the needs of the family members alone. She has gradually improved her business with the support of Kashf Foundation.
Currently, she needs a loan of Rs 35,000 to buy hair care products, skin products and creams for bleaching and whitening in large quantities. She is hopeful to cater to more customers time after time, which ultimately will help in generating more income.
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.