Rukshana, 49, is a married woman who has sold milk for the past six years. She has 2 calves and 3 cows to milk. She milks cows then sells their milk to many of her neighbors, along with butter and yogurt that she makes from the milk. She has become famous in her area for providing good quality milk; she maintains a good client list and makes enough to contribute to her family's income. In order to make huge profits, she requested a loan of 30,000 PKR to purchase one more cow and feed for its calves to cater to more customers. She hopes to increase her production capacity, which ultimately helps in generating more cash.
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.