Ms Sadia is a 26-year-old married lady living with her husband and little baby. She is very talented and excels at the art of stitching. Her services are greatly appreciated by her community and she makes enough to contribute to the family income. Her husband is working as a laborer but his income is not enough to cover the household expenses. Thus, Sadia wants to support her family by using her stitching skills. To meet her customers’ orders on time, she has requested a loan of 15,000 rupees to buy a stock of different colored threads and packs of buttons and zippers. She hopes to have a good experience with this new loan and wants to grow her business. She dreams of having a good standard of living through all the hard work she puts into 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.