Ms Zareena is a 33-year-old married woman. She is a mother of 5 children. Her husband is employed in a textile mill but his income is not sufficient to meet the increasing demands of his family. Zareena decided to support her husband by doing business herself. For this purpose she started a business of milk sales with the help of Kashf Foundation. Initially she bought a buffalo with the loan amount. Over the time she has become famous in her area for providing good quality milk. She counts a good client list and makes enough to contribute to her family's income. She is in her 5th loan cycle; currently she requested a loan of Rs. 25,000 to purchase one more buffalo. She expects boost in her earnings and plans to spend the part of profits on expanding 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.