Abida, 29, is a married woman. She has been the beauty parlor business for many years. She offers many services to her customers, such as makeup, hair styling and facials. Through her excellent services she has become very famous in her neighborhood. In order to meet with the increasing demands of her customers, she is interested in buying a greater variety of cosmetic products for her beauty parlor. That is why she is requesting a loan of 40,000 PKR to buy hair care products, skin products and bleaching and whitening creams in large quantities. She is hopeful to increase her customer base soon. With the help of this loan, she will be able to meet the requirements of her parlor, which will help her to generate more income for her family. She is in her 6th loan cycle and has 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.