Sajida is a 27-year-old married woman. She has had a carpet manufacturing business for many years with the support of her husband. The man shown in the picture is her husband. They offer various handmade carpets in different colors and designs to the people of her community and make enough to lead a decent life. For the improvement of her business, Sajida contacted Kashf Foundation and applied for a loan of PKR 25,000 to buy good quality wool, nylon, polyester, and polypropylene fibers to increase her sales. It’s her fourth year with Kashf Foundation. She hopes to have a good experience with this new loan and dreams of giving a good and quality education to her children through all her hard efforts in her business.
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.