"Now I am 57, but I still have a great enthusiasm for my school because my community gave me a lot of respect and dignity because of the reputation of my school," Allah Rakhi says. "My school is serving a marginalized community and providing quality education."
She is very old client of Kashf and taking a loan for her school she says “Kashf Foundation always helps us and supports our efforts for a noble cause. I have taken a loan of PKR 100,000 from the ‘School Sarmaya program’ and will use it to buy furniture, printing copies, dairies and paints as well."
She is very thankful for the organization's help in building their capacity and also for the loan to develop the school. Allah Rakhi says “now I will give my best and focus on education quality”.
More information about this loan
This loan is part of Kashf Foundation's effort to provide financial and technical support to schools catering to low-income students in urban slums. With this credit, entrepreneurs running low-cost private schools can fund the operations of their schools, pay teachers, afford capital expenditures, and improve infrastructure. By funding this loan, you will help improve the quality of teaching methods, curricula and facilities, and increase enrollment and retention rates at schools in Pakistan's slums.
About Kashf FoundationKashf 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.
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Success!! The loan was 100% repaid