Razia is a 25-year-old married woman. She is a mother of two children and is trying hard to fulfill their demands for food, health, clothing, and education. She has been sewing gloves for many years. She sews for the people in her community and the local market. However, due to lack of availability of funds, she is unable to meet the daily demands of her customers. She requested a loan of Rs. 20,000 to buy a new sewing machine with more spools of thread and fabrics, such as cotton and nylon in various colors. She hopes to grow her business and dreams of giving a good quality education to her children through all her hard work.
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.