Ms Rukhsana is a 25 year old vigorous lady and a mother of three children. The man shown in the photo is Rukhsana’s husband who is providing services of vehicle repairing from the last 8 years. By the time he has established good clients and makes enough to meet the household expenses. However, due to lack of availability of funds he is unable to meet with the daily demands of his customers. For this reason Rukhsana requested a loan of Rs 35,000 to Kashf Foundation. In this way her husband would be able to purchase more equipment such as screws, nails and spare parts to provide better services to his customers. Rukhsana is hopeful that this loan will be a productive one for her husband and will bring positive changes to his 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.