Shahnaz has successfully built her business as a tailor. Initially, she applied for a loan to purchase a new stitching machine, threads, and needles. It helped her to fulfill client demand more professionally and efficiently and she earned good amount of profit through her investment. Now, she has requested another loan of 30,000 PKR to purchase more spools of thread and with the packs of lace, zippers and buttons. In this way ,she will be able to stitch up more dresses and increase her customers. Shahnaz is hopes to increase her earnings and is very thankful to Kiva and Kashf for their tremendous support.
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.