Naseem is 58 years old and a widowed woman. She is a mother of two sons. She is striving hard to meet their needs, including food, clothing, and health care. She started her business of sewing clothes to contribute to the family income. She is well familiar with stitching techniques and enjoys a great client list.
To cope with the orders of her customers on time, she requested a loan of Rs 15,000. She will use the loan to buy a stock of thread in various colors, along with packs of buttons and needles. Then, she will be able to meet the demands of her customers, without fail. She hopes to grow her business and dreams of providing better standard of living to her family members, through all her hard work in her business.
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.