Shamim initiated her business with the support of Kashf Foundation. Taking a loan from Kashf helped her account for expenses she thought she could never bear. She is striving hard to meet her family expenditures, responsible as she is for providing good food, clothing, and education for her children.
Shamim is requesting her fourth loan of Rs. 40,000 to purchase stocks of colorful bangles in various designs and sizes. This will help in attracting more customers, and she hopes to have a good experience with this new loan as she dreams of expanding her business in the near future.
About Kashf FoundationKashf 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.
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Success!! The loan was 100% repaid