Saima is a 30-year-old married woman and a mother of three. She is doing animal sales and purchase along with her husband. The business has great potential for growth. Saima is actively helping her husband as this business is the only source of income for them. She wants to send her children to school by trying to increase her earnings to afford educational expenses of her children.
Saima has requested a loan of 40,000 PKR to purchase three more heifers to increase her net income. She is currently in her 3rd loan cycle and has a good credit history. She hopes and intends to use that to provide good and quality education and a better lifestyle to her children.
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.