Shehnaz is a 56 year old married woman who lives with her husband and six children. She has been running a business trading cloth for several years. She buys cloths of different fabrics in various colors and designs from the market at wholesale rates and then sells them to the people of her community. Now she needs to purchase a variety of fancy cloths by taking into account the demands of her customers. For this reason she has applied for a loan of PKR 40,000 through Kashf foundation. She hopes to increase her earnings and dreams of giving a good quality education to her children through all her hard work in 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.