Nasreen is a 50-year-old married woman. For the past two years, she has run a beauty parlor and she offers many services to her customers including makeup, hair styling, and facials. Over time, Nasreen has attained a regular list of customers and she makes enough to contribute in the family income.
Nasreen is requesting a 30,000 PKR loan to purchase hair care products, skin products, and bleaching and whitening creams in large quantities to expand her customer base. She will use her loan to serve more customers at a time. Nasreen is very experienced in her business and confident it will move forward as a result of her loan investment.
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.