Najma is a 53-year-old married woman. She is a hardworking mother of four children who is helping her family by providing tailoring services in her community. She knows the techniques of stitching very well. Her regular customers are her neighbors and the local community. She earns enough to lead a decent life.
To help her continue the operations of her business, she has requested a loan of 30,000 PKR to buy a stock of threads in different colors, packs of zippers, buttons, and ribbons to meet the increasing demand. She is in her third loan cycle, and has a good loan history. In addition to repaying the loan, she will use part of the revenue to deal with personal expenses.
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.