Ms Bashiran is 45 years old and a vigorous, married woman. She has been doing a business of gloves-sewing, for many years. She very well knows the techniques of sewing gloves. She sells them to the people of her community. She makes enough though her business. Although her husband is employed as a sales person in a grocery store, he does not earn enough to support his family well, alone.
Ms Bashiran is a mother of three children and wants to grow her business. She requested a loan of PKR 30,000, which she will use to buy spools of wool and thread, to meet the increasing demand. She is in her third loan cycle and has a good repayment history. She dreams of providing a better standard of living to her children.
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.