Naila is a 34-year-old married woman who lives in Lahore with her husband and two children.
Recently, she opened her own beauty parlor for the people of her community. Her customers are satisfied with her services and she makes enough to contribute to the family income. To provide quality education to her children, she works day and night. However, due to lack of availability of funds, she is not able to buy more products for her customers. For this reason she is applying for a loan of PKR 20,000 through Kashf foundation to buy more beauty products such as cleansers, polishers and some packs of makeup kits and lipsticks. By this loan she will be able earn profit and provide a healthy life to her family.
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.