To meet the demands of their customers without fail, Razia has requested a loan of 20,000 PKR to buy threads in various colors with packs of beads, sequins, and stones for embellishing her designs. She hopes to increase their net income by fulfilling the orders on time. This will be her fifth loan, and she has shown a good repayment history.
Razia aspires to a bright future for her children and desires to build her own house, as they are currently living in a rented house.
About Kashf FoundationKashf 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.
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Success!! The loan was 100% repaid