Riffat is a 42-year-old married woman; mother of six children. She is a very talented lady and excels in her work of stitching. She has gotten a lot of appreciation from her community. She accepted the fact that if her husband works alone for their family, they will not be able to meet the expenses of their household with the educational needs of their children. At this time, she is working hard to continually provide income for their everyday expenses.
Riffat has now requested a loan of Rs. 25,000 to purchase more reels of thread with packs of buttons, zippers and laces in various colors. In this way she would be able to meet the increasing demand consistently. She hopes to grow her business and dreams of giving a good and quality education to her children through all her hard work.
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.