Kousar is a 36-year-old vigorous, married lady, and a mother of two children. She is doing a business of stitching clothes for many years. When she was not earning, her family was going through severe financial crisis that compelled her to use her stitching skills in a productive manner.
Her husband is not an educated person, is a furniture manufacturer, and has no permanent monthly salary to support his family. She has good reputation in her community, and this business provides her with good opportunities to support her family.
Now she has requested to take a loan amount of PKR 35,000 to purchase a new sewing machine with some packs of threads in various colors. She dreams to provide higher education, good food, and healthy environment for 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.