Bushra is a 31-year-old married woman. One year ago, she started her own general store in her area to support her family very well. She offers various types of grocery items to her customers. Her regular customers are her neighbors and the local community. She has become famous by providing good quality products and makes enough money to lead a decent life. As she wants to expand her business, she requested a loan of 20,000 PKR to buy packs of salt, biscuits, sugar and beverages in large quantities. She is in her fourth loan cycle with good loan history. With this new loan she would be able to generate more revenue that will improve her standard of living.
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.