Hamidan is a 47-year-old married lady. She is a motivated mother of five children and trying hard to provide them with the basic necessities of life including food, clothes and an education.
She does hand embroidery with her daughters, and her embroidery patterns are very popular in her territory. She earns enough to lead a decent life.
To help her continue her operations, she requested a loan of Rs. 35,000 to buy reels of thread in different colors with some packs of beads, sequins and stones for its embellishment. This would allow her to cater to more customers consistently.
She is in her fifth loan cycle, and has shown a good repayment history. She hopes to have a good experience with this new loan, and is very 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.