Kaneez is a 32-year-old married woman and a mother of five. The man shown in the photo is Kaneez’s husband. She, along with her husband, is running a business making crackers. They deliciously make them at home and then sell to the people of their community and make enough through this business.
Kaneez has gradually improved her business with the support of Kashf Foundation. She has requested a loan of 30,000 PKR [Pakistani rupees]. This will help her to purchase packs of oil, salt and flour to increase their sales. Kaneez hope to have an increase in her net income and wants to spend part of it 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.