Ms. Allha-Rakh is a 44-year-old active, married woman. She has been effectively doing a business of embroidery at her home for the last 5 years. Her embroidery patterns are very famous in her town. She has gotten a lot of appreciation from the people of her community and makes enough to lead a decent life while her husband’s income is not sufficient to meet everyday expenditures of the household. She is a loving mother of six children and is in charge of providing her family with good food, health and education.
She has slowly but surely improved her business by taking loans from the Kashf Foundation. Now she requested a loan of 25,000 PKR to purchase a stock of threads with packs of sequins, glitters and pearls in different colors to complete customers' orders on time. She expects more profits and desires to spend part of the income on providing good and quality education for her children.
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.