Ms Iffat is 53 years old and married. She has three children: two daughters and one son. She is striving hard to meet their demands, including food, clothing, and health. Her husband is not working due to illness, so she started her business of sewing to contribute in the family income. She has gained five years of experience in this field and is very familiar with stitching techniques.
She initiated her business with the support of Kashf foundation and she used her first loan to buy a sewing machine. At present, she enjoys a great client list and has gained a lot of appreciation and popularity in her community. Currently, she requests a loan of Rs 30,000 to buy stock of threads in different colours, as well as packs of buttons, needles, and zippers so that 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.
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.