Fozia is a 32-year-old married woman and a mother of two children. She has been operating a tailoring business for the last two years to support her family. She manages her household activities, as well, while operating the business. At this time, she is working hard to continually provide income to her family for their everyday expenses. Currently she has requested from Kashf Foundation a loan of 35,000 PKR to purchase more spools of thread, zippers, and laces in different colors. Her regular customers are her neighbors and the local community. She is in her second loan cycle and has good credit history. She hopes to grow her business and dreams of giving a good and quality education to her children through all her hard work in her business.
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.