Suriya is 53 and married with two children. Her husband’s income is insufficient to cover all their household expenses, so she initiated a milk-selling business. Suriya has been running her business for many years and has become famous for providing good quality milk in her locality. She has used the support of the Kashf Foundation to gradually improve her business. Suriya is in her third loan cycle and she has a good repayment history.
Suriya is requesting a 30,000 PKR loan to purchase another buffalo. She will use her loan to help increase her sales which will ultimately help to generate more income.
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.