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Perveen
Perveen is a 51-year-old married woman. She is a vigorous lady, and, for the past five years, she has been running a business of clothing sales. Perveen buys clothes in different fabrics with various colors and designs from the market at wholesale rates and then sells them to the people of her community. She has a varied customer base and is able to earn enough through her business. She is obtaining her sixth loan, requesting a loan of 35,000 PKR from the Kashf Foundation to buy a wide variety of summer clothes in different colors and designs to attract more customers and to expand her inventory. She expects a boost in her earnings with her loan, and she plans to spend part of her profits for the betterment of her family members.

Additional Information

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.

Tags

About Pakistan

  • $3,004
    Average annual income
  • 203
    View loans »
    Pakistan Loans Fundraising
  • $13,099,075
    Funds lent in using Kiva
  • 98.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Perveen to buy a wide variety of summer clothes in different colors and designs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2013
Listed
May 27, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014