Kareem is a 33-year-old married woman. She has been involved in selling milk to the people of her community for about five years. She has one cow and three buffaloes. She sells their milk, along with butter and cheese that she makes from their milk, to many of her neighbors.
She is a mother of two and needs to earn much more to meet their everyday expenditures including food, clothing and education. She requested a loan of Rs 20,000 to buy one more buffalo to improve her ability to generate income. The additional buffalo will help her to improve her sales which will ultimately help to generate more income for her.
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.