At the age of 56, Perveen is an energetic married woman. She is the mother of two and is motivated to provide her family with good quality food, health and education. She has had a business making elastic for many years. She knows very well the method for making good quality elastic from threads and rubbers. She receives orders from the people in her community and from the local market and makes enough with her business. To meet the demands of her customers on time, she applied for her second loan of 20,000 Pakistani rupees to purchase stock of elastic threads, rubber and polyester yarn. She is hopeful she'll get an increase in her earnings and wishes to spend part of the profits on the betterment of her family members.
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.