Fouzia, 36, is a married woman. She works hard to provide better a life style to her five children through her business. She has been working from home as a tailor for three years to contribute in her family’s income. She is considered an expert tailor in her community and gets lots of appreciation from her customers. Her regular customers are her neighbors and members of the local community. Her business enables her to meet the day-to-day expenses. To help her continue her operations, she applied for a loan of PKR 20,000 to buy more spools of thread and some packets of ribbons, buttons, laces and zippers in various colors. In this way, she will be able to meet the increasing demand from her customers on a consistent basis. She wants to spend the part of the revenues to cover the expenses of her family and to increase her business capital.
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.