Kaneez is a 52-year-old widow and a mother of two children. She strives hard to meet their needs, which include food, clothing and health, and she started her clothes tailoring business in order to do this. She is very familiar with stitching techniques and she has built up a large client list, gaining a lot of appreciation and popularity in her community.
Kaneez has gradually improved her business with the support of Kashf Foundation; currently she is requesting a loan of 35,000 Pakistani rupees (PKR) to buy a stock of thread in different colours, along with packs of buttons and needles. With these, she will be able to consistently meet the demands of her customers. She hopes to grow her business and dreams of giving a good quality education to her children through all her hard work in her business. She is in her third loan cycle and has 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.