Farzana is 24 years old and a married woman. She is a very hard working woman in the business of milk sales for last five years. She has two cows to milk. She sells the milk to many of her neighbors, along with butter and yogurt that she makes from the milk. Her business is good enough to provide her a decent life. She is a mother of three children and is very motivated to provide them a beautiful life with a good education, food and clothing.
She has improved her business to meet the day-to-day expenses of life. She requested a loan of Rs 30,000 to purchase one more cow. She is in her 2nd loan cycle and has shown good repayment behavior. She hopes to increase the production capacity of milk which ultimately helps in generating more cash.
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.