Parveen is a 45-year-old married woman who works from home as a tailor. She has been in this line of work for about 25 years and is proud to be contributing to her household income. When Parveen was not earning, her family went through a severe financial crisis. That compelled her to use her stitching skills in a productive manner. She stitches the clothes of the latest designs and styles. She has gradually improved her business with the support of Kashf Foundation. She has applied for a loan of 25000 PKR to purchase more spools of threads, packs of buttons and laces. In this way, she will be able to meet the increasing customer demand consistently. Her regular customers are her neighbors and the local community. Parveen hopes to grow her business and dreams of giving a quality education to her children for their bright and prosperous future.
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.