Ms. Sugharan is a 54-year-old married woman and a mother of six children. She is motivated to provide all the facilities of life to her family. The man shown in the photo is Sugharan's son.
She is successfully running a small general store with her son who assists her by purchasing stock of goods from the market and dealing with customers by sitting at the shop. Over time they have become popular in their community for providing good quality products and make enough to meet the expenses of the family members.
Currently, she requested a loan of 40,000 PKR to buy a stock of rice, flour and grains to meet with the increasing demand at her store. She is expecting a boost in her earnings and dreams of expanding her business in the future. She is in her 4th loan cycle and has shown good repayment history.
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.