Fehmeeda, 32, is married and the mother of three children. For about eight years, she is worked in hand embroidery. She makes beautiful patterns for the people of her community. Her designs are much in demand, and she has managed to build enough of a clientele that she is able to contribute to the expenses of her home.
To help continue her operations, she has requested a loan of 25,000 Pakistan rupees to buy spools of thread in different colors and packages of beads, sequins and stones for embellishment. With these materials, she would be able to complete orders on time.
Fehmeeda is in her second loan cycle and has shown excellent repayment behavior. She dreams of a bright future for her children and hopes to build her own house, as she is living in a rented house with her family.
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.