Ms Itrat is 33 years old and a married woman. She has five children. She is striving hard to meet their demands, including food, clothing, and health care. Her husband is employed in a small restaurant. His income is not sufficient to meet the daily expenditures of the family. She started her business, to contribute to the family income. She is well familiar with the stitching techniques. At present, she enjoys a great client list and has gained a lot of appreciation and popularity in her community.
To complete the orders on time, she requested a loan of PKR 25,000. She will use it to buy sewing supplies, including a stock of thread of various colors and packs of buttons and needles. With these supplies, she will be able to meet the demands of her customers without fail. She hopes to grow her business and dreams of giving a good and 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.