Hajira is 40 years old and a vigorous mother of four children. She has been stitching clothes for five years. She stitches for the people of her community and uses the income to support her entire family. However, due to lack of funds, she is unable to meet the daily demands of her customers. Hajira has requested a loan of 30,000 PKR to purchase spools of threads in different colors along with packs of laces, zippers and buttons to create a means of increasing revenue so she may generate more income. She expects a boost in her earnings and wishes to spend the part of profits on the expansion of 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.