Rahat is a 34-year-old married woman. She is involved in the business of tailoring with her husband who is also shown in the photo. They have been in this business together for the past 8 years and make enough to meet the needs of their three children. At present, they enjoy a great client list and have gained a lot of appreciation and popularity in their community.
To complete the orders of their customers on time, Rahat has applied for a loan of Rs. 25,000. In this way she will be able to buy a stock of threads along with packs of zippers and buttons in different colors. She is in her third loan cycle with a good repayment history.
Rahat hopes to grow her business and dreams of giving her children a high quality education 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.