Ms Anwar is a vigorous 46-year-old lady. She has been doing embroidery work with her son for many years. She is doing this work for the people of her community and uses the income to support her entire family.
However, due to lack of availability of funds, she is unable to meet the daily demands of her customers. For this reason she requested a loan of 35,000 Pakistan Rupees (PKR) from Kashf Foundation again. She intends to use this loan amount to buy more spools of thread in different colors, along with packs of beads, sequins, and stones for embellishment to create a means of increasing revenues so she may able to generate healthier source of income.
Anwar is in her second loan cycle and is thankful to Kashf for its tremendous support. She has a dream to provide all necessary needs for 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.