Aneeta is a 19-year-old single lady. She runs a beauty parlor and offers many facilities to her customers such as makeup, hair styling and facials. Over time she has attained a regular list of customers and makes enough to contribute to the family income.
She needs to deal with more customers time after time. For this she requires hair care products, skin products and bleaching and whitening creams in large quantities. This is why she applied for a loan of PKR 20,000 through Kashf Foundation. She expects a boost in her earnings and wishes to spend part of her income on the betterment of her family members.
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.