Meena is a 37 year old married woman and has provided recycling services for many years. She buys plastic bottles that contained Pepsi, Coke, Mirinda (500 ml, 1 ltr, 1.5 ltr, and 2.25 ltr) and other beverages that would otherwise be trash. After proper crushing and recycling she sells them back to the people of her community. Through her business she makes enough income to contribute to her family's livelihood.
She has five children and she barely manages to satisfy their needs. She is required to provide them with good food, health and education. She needs to earn additional income to support her family well. She is in her 3rd loan cycle with Kashf foundation. Currently she has requested a loan of Rs. 35000 to buy more bottles in different sizes to increase her sales. She expects a boost in her earning and wishes to spend part of the profits on the expansion of 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.