At the age of 32, Nazia is an energetic married woman. She has been doing a business of candle making for many years; it’s been a passion for her. She knows the method of making beautiful candles from wax, thread and other materials. She makes them in various sizes and earns enough to contribute to the family income. The immense experience in the art of candle making has lent her great versatility in making candles to meet her clients' needs.
It’s her fourth year with Kashf Foundation, and for the improvement of her business, she requires a loan of 35,000 Pakistan rupees to buy additional materials required for making candles, such as wax and containers in various sizes and in large quantities. It would help her to inflate her sales, which ultimately will help in generating more cash.
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.