Yasmeen is 40 years old, married, and has children. She has successfully built her business of catering and has attained a good number of customers. She used her prior loan to purchase required ingredients.
Yasmeen is requesting a loan for 30,000 PKR, which she will use to purchase stocks of grains, flour, and rice from the wholesale market. With this loan, she will be able to increase her earnings by catering to more customers. She wishes to utilize her profits for her children’s education and well-being.
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.