Perveen is a 41-year-old married woman. She has been involved in a business of plastic bags sales with her son for the past eight years. She buys used plastic bags from the market and after properly cleaning them, sells them in her locality. Through her business she makes a enough amount of income to contribute to the family.
Perveen has four children; one of them is school-going. She is liable to provide them with good food, health and education, so she needs to earn more income to support her family well. Recently, she requested a loan worth PKR 25,000 to purchase more bags of good quality in different sizes. It will help her to inflate her sales. She is in her sixth loan cycle with Kashf foundation. She dreams to provide all her children with good quality education.
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.