Rukhsana is a 30-year-old married woman. She has been actively involved in the business of clothing sales with the support of her husband for three years. Her husband buys clothing of different designs in bulk from the market at lower rates, and then she sells them in her community at reasonable prices. She has a good client list, and most of her clients are her neighbors.
She is mother of three children and is trying hard to fulfill their demands of life through her business. In order to expand her business she requested a loan of Rs. 20,000 to buy a wide variety of clothing in different colors and designs for the summer season so that she would be able to meet the demands of her customers without delay. She expects a boost in her earnings and wishes to spend it on the betterment of her family members.
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.