Rasheedan, age 46, is a married woman. She deals in a business of milk sales to provide financial support to her husband, in meeting their household expenses efficiently. She is a mother of four. She is very motivated to provide her children with beautiful lives, with good education, food, and clothing.
Rasheedan has improved her business to meet the day-to-day expenses of life. Because of her work, she is respected in her home.
To get an increase in the production capacity of milk, she needs to purchase another buffalo. For this reason, she has requested a loan of PKR 35,000 from Kashf Foundation. The loan will help her to inflate her sales which, ultimately, will help in generating more cash.
Rasheedan is in her third loan cycle with a 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.