Parveen is a 37 year old married woman. She has sold fruit for many years. Parveen is very enthusiastic and manages to earn reasonable amount of money to support her family. She is a loving mother of four children and is trying hard to fulfill their basic necessities.
To improvement for her business Parveen contacted Kashf Foundation and applied a loan of Rs. 40,000 to purchase sacks of apples, mangoes and peaches.
She is in her sixth loan cycle and has shown excellent repayment behavior. Parveen is hopeful to increase in her income by generating greater sales. Parveen aspires to save money to expand her business.
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.