Noor Jahan is a 44-year-old married woman and mother of three children. She has been doing the business of crockery sales for twenty years. She offers various types of steel crockery, such as glasses, dinner sets, bowls etc. Her husband also assists her in selling them to the people of their community and in local market. She makes sufficient amount of income to contribute to the family income.
For the improvement of her business, she contacted Kashf Foundation and applied for a loan of PKR 40,000. In this way, she would be able to purchase more variety of crockery, such as tea sets, bowls and glasses in various sizes and designs.
She is expecting boost in her earnings, and dreams of expanding her business in the future. She is in her fourth loan cycle with good credit history.
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.