Irshad is a 54-year-old vigorous lady who, for the past 15 years, has been running a clothing business. Irshad buys clothes of different fabrics in various colors and designs from the big market of Peshawar at wholesale rates and then sells them to the people of her community at a reasonable profit.
After the death of her husband, she has been playing a very important role in supporting her family. She has been working in association with Kashf for the past four years. At present, she is requesting a loan in the amount of 30,000 PKR which will allow her to purchase a greater selection of clothes in a larger variety of colors, taking into account the tastes and choices of her customers.
Irshad has been working with Kashf for last four years and her repayment record is remarkable. She wants to have her own house in the community where she lives.
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.