Rehana is 35 years old. She lives with her husband and five children. She has been running a business of sewing uppers for shoes for many years. She stitches the uppers of shoes and then supplies the different factories where these are used in making shoes. She wants to grow her business. She applied for a loan of Rs 35,000 to buy a new sewing machine and leather for making shoe uppers. She is very experienced in her field and confident that her business will move in a positive direction as a result of the loan investment. She wishes to utilize part of the revenue to fulfill the needs 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.