Bushra is a 44-year-old married woman and a mother of four children. For many years she has been successfully running a general store in her community. She offers various goods for daily use and makes enough to contribute to the family income. She has good communication skills and counts a good client list.
For the improvement of her business she requested a loan of PKR 40,000 to buy packs of salt, biscuits and beverages. This will help her to meet the demand of her customers on time. She is in her 7th loan cycle with good repayment history. She is expecting a boost in her earnings and dreams of expanding her business in the future.
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.