Ms Nasreen is a 37-year-old married woman and a mother of four children. She has been running a small general store with her husband for the last five years. Her husband performs the duty of purchasing stock of goods from the market while Nasreen stays at the shop and deals with customers. They make enough to bear everyday expenditures of the family members. In order to make her store fully stocked she needs to purchase stock of cleaning products such as soaps and shampoos as well as packs of grains and beverages. For this reason she applied for a loan of 45,000 PKR to Kashf Foundation. She dreams of providing quality education to her children through all her hard work.
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.