Abida is a 43-year-old married woman. She, along with her husband, has a business selling milk. The man shown in the photo is Abida’s husband. They have gained 20 years of experience in this field, and over time they have become famous in their community for providing good quality milk. They make enough to meet the family expenses. They have two milking cows, and now Abida has requested a loan of Rs. 30,000 to purchase another cow. She hopes to get an increase in the production capacity of milk, which ultimately helps in generating more income.
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.