Shazia is a 40-year-old married woman. She is happily doing business in shoe making with her husband who is also shown in the photo. She beautifully makes shoes in different colors, designs and sizes at home, and then her husband sells them in the local market at reasonable prices. By this time, they have attained a regular list of customers and make enough to earn income for the family. To cope with the increasing demand of their customers, Shazia requested a loan of 20,000 PKR to purchase leather material, plastic soles and heels in different sizes with more spools of threads in various colors to increase her production. In this way she can handle the growing demand for her shoes in the market and hence can better support her family.
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.