Ms Humaira is 35 years old, a married woman, and a mother of five children. She has been running a beauty parlor business for the past two years. She very well knows the art of makeup and hair styling, and she earns enough to contribute to the family income.
She initiated her business with the support of Kashf Foundation. For the improvement of her business, she has now applied for a loan of PKR 25,000. With this loan, she would be able to purchase hair care products, skin products, and creams for bleaching and whitening, in large quantities. She is hoping to cater to more customers, time after time.
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.