Shakeela, age 46, deals in the business of cloth sales. She buys variety of ladies’ cloths from the main city market and sells them to the people of her area. She earns a good income to support the expenses of her six children. She started her business because it was very difficult for her to meet her family's household needs with only the small income of her husband. Therefore, she decided to help her husband in earning. Now she plays a very important role in supporting her family.
She has been in relationship with Kashf Foundation for the past four years. At present, she is requesting a loan in the amount of Rs. 30,000, which will allow her to purchase a greater selection of cloths in different colors and designs by taking into account the demands of her customers. Shakeela expects a boost in her net income through her increased sales of ladies' cloths.
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.