Shazia is a 32-year-old married woman and a mother of three children.
She has been involved in a business of carpet manufacturing for many years. She makes it with the special kind of wood known as dub wood. The carpets are used in mosques for the purpose of prayer.
She has become popular in her community for providing good quality carpets. In this way, she is able to handle her family needs and requirements efficiently.
In order to purchase a stock of wood and some utensils such as cutters and scissors, she applied for a loan of PKR 30,000 to Kashf Foundation. This is her second loan. It will help her to increase her production of carpets and her sales. She expects a boost in her earnings and wishes to spend it on the betterment of her family members.
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.