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Nergis
Nergis, age 37, deals in the business of cloths sales. She initiated her business to support the needs of the family members. She is mother of three and is trying hard to fulfill their demands, including food, health, clothing and education. She purchases a variety of cloth from the main city and then sells it to the people of her vicinity. She has become popular in her street for selling good quality cloth in her community. Currently, she requested a loan of PKR 40,000 from Kashf Foundation to buy stock of different cloth of the summer season by taking into account the choices and tastes of her customers. In this way, she will be able to earn more income through her greater sales. She is in her 3rd loan cycle and hopes to have a good experience with this new loan. She dreams of giving a good and quality education to her children through all her hard efforts in her business.

Additional Information

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.

About Pakistan

  • $4,700
    Average annual income
  • 280
    View loans »
    Pakistan Loans Fundraising
  • $14,698,775
    Funds lent in using Kiva
  • 98.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Nergis to buy stock of different cloth of the summer season by taking in account the choices and tastes of her customers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2013
Listed
Jun 26, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014