Azra is 40 years old, a married woman and a mother of four. She is a hardworking mother who is helping her family by providing services of tailoring in her community. She has been doing it for the past two years. She knows the techniques of stitching very well. Her regular customers are her neighbors and the local community. She earns enough to lead a decent life.
To cope with the increasing demand of her customers, she requested a loan of Rs. 35,000 to buy a stock of thread along with packs of zippers and buttons in different colors. She expects an increase in her earnings. In addition to repaying the loan, she will use part of the revenues to deal with personal expenses.
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.