Ms Naseem is a 44-year-old married woman and a mother of five. Her husband is a labor and her elder son is a carpenter but their income is not sufficient to cover the expenses of the household along with the educational needs of the children. That is why she started a tailoring business out of her home three years ago to contribute to the family income. She manages her household activities as well as operating a business. At this time, she is working hard to provide income for their everyday expenses. Currently, she is requesting a loan of PKR 20,000 to purchase more reels of thread, packs of buttons and laces in different colors. In this way, she will be able to meet the increasing demand of her customers. Her regular customers are her neighbors and the local community. Naseem hopes to grow her business and dreams of giving a good and quality education to her children through all her hard work in her business.
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.