Ms. Samina is a 40-year-old married woman. Her husband is a laborer. She has four children and a total of six members in her home, and her husband is the only earner of the family.
It was very tough for Samina to manage her household needs with the small income of her husband, so she decided to help her husband in earning. For this purpose, she started her business of cloth trading as she bought cloths of different varieties from Lahore and Faisalabad market and sells them in her area. Now she is playing a very important role for her family.
In order to inflate her sales, she applied for a loan of 20,000 PKR to purchase more varieties of cloths in different colors by taking into account the taste and choice of her customers. She is in her 4th loan cycle and has shown good repayment behavior. She expects a boost in her net income through her increased sales and wishes to spend part of her profits 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.