Majeedan is a 53-year-old married woman who has had a business in carpet manufacturing for many years. She offers various handmade carpets and has become famous in her circle for providing good quality products. She is happily doing it for the sake of her family. She is the mother of four children. She is trying hard to fulfill their demands including food, health, clothing and education. She is also doing sewing as her part time job. In this way she is able to handle her family needs and requirements effectively. It’s her first year with Kashf Foundation and she is satisfied with the support of it. Currently she applied for a loan of PKR 20,000 to buy good quality wool, nylon, polyester, and polypropylene fibers to increase her sales and hence better support her family.
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.