Sughran is a 57-year-old widow. She has been successfully running a small general store for the last five years. After the death of her husband, it was very tough for Sughran to manage her household needs with the small income of her children, and, thus, she decided to start a small general store. Now, she is playing a very important role for her family. To grow her business with the increasing demand in her store, she requested a loan of 30,000 PKR to buy packs of salt, biscuits, and beverages. She is expecting a boost in her earnings and dreams of expanding her business in the future.
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.