Shazia is a 28-year-old hard-working married woman. She has been in the business of stitching clothes for the past three years. She is expert in designing clothes according to the demands of her customers, and she makes a good amount of money to contribute to the family income. Now she is also receiving some orders from a nearby boutique, but due to a lack of funds she is unable to complete the orders on time. For this reason, she requested a loan of 30,000 PKR to buy more spools of threads in various colors, along with some packs of laces, ribbons, zippers and buttons. She is in her fourth loan cycle and has a good loan history. She hopes to have a good experience with this new loan and is thankful to Kashf for its tremendous support.
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.