Tasleem is 31 years old and a married woman. She has been running a business of milk sales with her husband, for a period of about six years. She has two cows, one buffalo and two goats. She sells milk to many of her neighbors, along with butter and cheese that she and her family make from the milk. She also is involved in animals sales work, on a seasonal basis, to generate an extra amount of income. She is the mother of three daughters and one son, and she needs to earn much more to meet their everyday expenditures, including food, clothing and education.
In order to make greater profits, she requested a loan of Rs 35,000, which she will use to buy one more buffalo. The animal will increase the milk-producing capacity of Tasleem's herd, which ultimately will help her to increase sales and generate more cash. This is Tasleem's fourth year with Kashf Foundation, and she has shown good repayment behavior.
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.