Jameela is a 30-year-old married woman and the mother of four children. She has been running a business buying and selling animals for a period of about four years. She buys animals (goats and sheep) at low prices, brings them up and then sells them in the market at higher prices near the occasion of Eid-ul-Azha (a religious event in Muslim countries). She earns a good profit from this business.
She has some savings and has applied for a loan of PKR 30,000 to purchase two more sheep. She is in her 3rd loan cycle with Kashf Foundation. She expects a boost in her business income as she expands her business. She is very thankful to Kashf for its 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.