Ms. Nasreen is a married woman and a mother of seven. She has been running a business of trading cloth for many years. She purchases a variety of cloths from the main city and after fixing stones, as per customer requirement, she sells them to the people in her community. She has become famous for selling good-quality cloths in her community and makes enough to contribute to her family's income. Currently, Nasreen is requesting a loan of Rs 30,000 from Kashf Foundation to buy different cloths for the summer season by taking into account the choices and tastes of her customers. In this way, she will be able to earn more income through her greater sales. She is in her 3rd loan cycle and hopes to have a good experience with this new loan and wants to grow her business. She dreams of giving a quality education to her children through all her hard work in 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.