Shehnaz is a 35-year-old married woman and a mother of three. She has been running a business of selling bed covers and sofa covers for the past 5 years. She purchases a wide variety of bed sheets and covers from the main city and then sells them to the people in her vicinity. She has a number of customers and is able to generate enough income to fulfill the demands of her family members.
At present, Shehnaz is requesting a loan of Rs. 25,000 to purchase bed covers, spreads and sofa covers in different designs and colors by taking into account the taste and choice of her customers. She is in her 3rd loan cycle with good repayment history. This loan will help her to generate more income which she will use to improve her family’s living conditions.
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.