Shamim is a 41-year-old widow and a mother of five. She is a very talented lady and excels in her work of stitching. She gets a lot of appreciation from her community. After her husband‘s death she started the business as she was not able to meet her household expenses with the educational needs of her children. She manages her household work while operating a business. At this time, she is working hard to continually provide income for everyday expenses. Shamim has now requested a loan of PKR 30,000 to purchase a new sewing machine along with more reels of thread, packs of buttons, zippers and laces in various colors. In this way she will be able to meet her increasing demand consistently. Her regular customers are her neighbors and the local community. Shamim hopes to grow her business and dreams of giving a good quality education to her children 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.