Ms Rehana is a 24-year-old married woman and a mother of four children. She has been successfully running a business of cracker sales for many years. She deliciously makes them at home and then sells to the people of her community and makes enough through this business. Rehana has gradually improved her business with the support of Kashf Foundation. She has requested a loan of 20,000 PKR. This will help her to purchase packs of oil, salt and flour to increase her sales. She hopes to have an increase in her net income and wants to spend part of it on the expansion of 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.