Bashiran is a 44-year-old, married woman and a mother of five. She is a hard-working mother who is helping her family by providing services of tailoring in her community. She has been doing it for the past 27 years. She knows very well the techniques of stitching. Her regular customers are her neighbors and the local community. She earns enough money to lead a decent life.
To help her continue the operations of her business, she requested a loan of PKR 30,000/- to buy a stock of thread in different colors and packs of zippers and buttons to stitch up more dresses. In addition to repaying the loan, Bashiran will use part of the revenues to deal with personal expenses. She is in her fourth loan cycle with a good repayment history.
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.