Shaheen, age 49, is a married vigorous lady. She has three children; two of them are school-going. For the past many years, she has stitched clothes to support her entire family. She is well familiar with the techniques of stitching clothes according to fashion. Her regular customers are her neighbors and the local community. She makes enough of an amount of money to spend a decent life through her business.
In order to expand her business, she requested a loan of 35,000 PKR (Pakistani rupees) to buy more reels of threads, with some packs of laces, buttons, ribbons and zippers in various colors. She is in her second loan cycle. She hopes to have a good experience with this new loan and is thankful to Kashf Foundation 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.